500 Howard, Petoskey, MI 49770

$1,750,000
7,500
SqFt

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Property Description

Position your business for success with this exceptional commercial opportunity at 500 Howard Street in Petoskey. Offering a current building size of approximately 10,400 square feet of versatile commercial space within the desirable B-2B Mixed Use Corridor, this property presents outstanding potential for investors, entrepreneurs, developers, or expanding businesses. The B-2B zoning allows for a wide variety of commercial and mixed-use possibilities, making it an ideal location to bring your vision to life. With its prominent location, generous footprint, and flexible layout, 500 Howard Street is perfectly suited for retail, office, professional services, hospitality, or a dynamic mixed-use redevelopment. Importantly, with current zoning and setbacks, a new structure could allow for approximately 25,000 square feet per floor, with the potential for three floors totaling up to approximately 75,000 square feet of buildable space. This creates a rare long-term development opportunity in a high-demand corridor. Surrounded by the energy and charm of Petoskey, this property combines exceptional visibility, convenient accessibility, and significant expansion potential in one of Northern Michigan’s most sought-after commercial markets. Whether you’re looking to establish a flagship business location or capitalize on the area’s continued growth through redevelopment, this property is ready to deliver on its remarkable potential.

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Listing courtesy of Jane Fisher from Gaslight Group Properties. Main: 231-347-7300

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