906 Spring St, Petoskey, MI 49770

$1,250,000
5,416
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,250,000
Status
ACTIVE
MLS#
478403
Sq. Ft
5,416
Acres
1.90

Property Description

Located near the bustling US-31 and US-131 intersection, this exceptional 1.93-acre commercial property offers unmatched visibility and access in one of Petoskey’s most heavily traveled corridors. With B-3 zoning, the site supports a wide array of commercial uses, making it ideal for both established operators and new development. All utilities are conveniently installed underground, including City water and sewer, natural gas, and high-speed internet, providing a solid infrastructure foundation for any business plan. Currently operating as a restaurant, the property can be purchased turn-key, complete with hoods, stoves, cookware, silverware, and dishware—perfect for a hospitality entrepreneur ready to step in and continue operations. Alternatively, the generous acreage and flexible zoning create excellent potential for redevelopment into retail, service, office, or other commercial ventures. This is a rare chance to secure a high-exposure property in a premier commercial district of Petoskey.

Additional Information

Waterfront
Neither
School District
Petoskey

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Clinton Shuman from Real Estate One. ctshuman@reopetoskey.com

IDX information is provided exclusively for consumers’ personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. © 2026 NM-MLSX.