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.

"Based on information submitted to Northern Michigan MLS as of January 20, 2026 12:44 PM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

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Property Details of 906 Spring Street

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Property Details of 906 Spring Street

Property Details

Basic Information

Building

Location

Water

Interior Features

Basement

Utilities and Appliances

Utilities and Appliances

Map Location

Hi there! How can we help you?

Hi there! How can we help you?

Hi there! How can we help you?

Harbor Sotheby's International Realty