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4048 Cedar Bluff Drive Petoskey, MI $ 5,199,000
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$ 5,199,000 Get more info
4048 Cedar Bluff Drive
$ 5,199,000
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Share Save

4048 Cedar Bluff Drive

Petoskey, MI, 49770
$ 5,199,000
Bedrooms-- Baths-- Sq 29,086

Monthly Estimate*

$ 32,011

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Commercial Property for sale in Petoskey, MI

for $5,199,000. This 29,086 square foot building was built in 2001 on a lot size of 2.34.

This Class A Professional/Medical Office Building is located across from Bay Harbor with exceptional views of Little Traverse Bay. The building consists of two completely finished floors, each measuring at 14,543 SF for a total of 29,086 SF. The building is situated on a large 2.43 acre parcel with a large parking lot with 100 parking spaces. 6,570 SF of the building is currently leased to two tenants with the remainder of the building becoming vacant on May 1, 2025.

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Commercial Active

Price

$ 5,199,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

2.34

Year Built

2001

Town/City

Petoskey

County/Region

Emmet

MLS | Web ID

1930858
Features
General
Sewer Public Sewer
Heating Heat Pump Natural Gas
Cooling Zoned
Possession Negotiable Subject To Tenant Rights
Roof Asphalt
Construction Materials Frame Stone Cement Siding
Year Built 2001
Electric 3-Phase Electric
Township Resort
Property Subtype Office
Business Type Health Services Professional/Office
Accessibility Accessible Entrance Covered Entrance
Assoc Fee Paid Per Annually
Business Name None
County Emmet
New Construction N
Property Type Commercial Sale
Attached Garage N
Subdivision Name None
Garage Y/N N
Rent Includes None
Status Active
Directions Turn south off of US 31 onto Lake Grove Rd. Turn left onto Cedar Bluff Dr. go to the top and subject property is on the left.
City Petoskey
Zoning Description Planned Unit Development
Lot Size Units Acres
Lot Size Square Feet 101930.4
Carport Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Lease Considered Y/N N
Virtual Tour https://my.matterport.com/show/?m=1H7LXusZ9v5&brand=0 https://my.matterport.com/show/?m=1H7LXusZ9v5
Living Area Units Square Feet
Standard Status Active
Ownership Type Private Owner
Lease Amount Frequency Annually
Legal Description CEDAR BLUFF CONDO UNIT 1.PLAN #241 SECTION 10 T34N R6W.
Freehold IDX
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Interior
Basement Finished
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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Exterior
Parking Features Paved Parking Lot
Lot Features Interior Lot Freestanding
Water Source Public
Lot Size Area 2.34
Spa N
Lot Dimensions 202x388
Lot Size Acres 2.34
Other Parking Paved Parking Lot
Waterfront Y/N N
Road Frontage Type Private Road
Horse Y/N N
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* Excluded Features
List By
Three West, Llc

Broker

(231) 534-5225

Phone

Affordability Calculator

$32,011
Per Month
100%
0%
0%
Monthly Principal & Interest
$32,011
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2034270 Elementary School
2034440 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/9/2025$5,199,000 -3.70% Price Down
2/14/2025$5,399,000 Listed Price

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4048 Cedar Bluff Drive, Petoskey, MI, 49770 is a Commercial Property for sale at $5,199,000 with 29,086 sqft and a lot size of 2.34. 4048 Cedar Bluff Drive was built in 2001. The property's zip code is 49770 which is in Petoskey, MI

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