4048 Cedar Bluff Drive Petoskey, MI ^$ 5,199,000

4048 Cedar Bluff Drive

^$ 5,199,000

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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.

Commercial Active

Price

^$ 5,199,000

Property Type

Commercial

Taxes

^$ 0

Style

Business

Lot Size

2.34

Year Built

2001

Town/City

Petoskey

County/Region

Emmet

MLS | Web ID

80054238

Features

General

Heating Heat Pump(s) Zoned Heating

Cooling Heat Pump(s)

Possession Negotiable (Possession)

Roof Asphalt

Water Public Water

Status Active Active

Year Built 2001

Parking Parking Lot

Subdivision None

County Emmet

Class COM/IND/BUS OPP

Type Business

Business Name None

Ownership Private

Municipality Resort Twp

Section 10

Sale/Rent For Sale

Status Detail 0

Commercial Features 3 Phase Power ADA Accessible

Area Resort Twp (24013)

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

Financial Terms Cash Commercial Loan Conventional

Legal Description CEDAR BLUFF CONDO UNIT 1.PLAN #241 SECTION 10 T34N R6W.

DOM 349

Price Per Sq Ft Total AG 178.75

Public Remarks 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

Exterior

Exterior Cement Frame Stone

Lot Size Area 2.34

Lot Dimensions 202x388

Roads Private Road

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Kevin Endres

Listing Agent

Three West, Llc

Broker

kendres@threewest.com

Affordability Calculator

$32,011

Per Month

Monthly Principal & Interest: $32,011
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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

Trends
Schools

Commerical listings in Petoskey, MI

Average List Price ^$2,706,800

Percent of Sale Price 48%

About Petoskey, MI

5,638 Population

0% Since 2002

^$40,542 Median Income

38.81 Median Age

19% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
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

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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4048 Cedar Bluff Drive

Commercial Property for sale in Petoskey, MI

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