Prime Live-Work or Income Opportunity with Sweeping Bay Views Discover a rare real estate gem in an exceptional, high-visibility location—situated just steps from McLaren Hospital and right next door to the beloved Johan's Bakery. Zoned B3, this versatile property perfectly blends premium residential living with a stable, turnkey commercial investment. The Residential Highlights: Luxury & Versatility The residential component of this property features two stunning, extensively upgraded 1-bedroom, 1-bathroom apartments that offer incredible flexibility for an owner-occupant or savvy investor: The Upper Unit: Features breathtaking, sweeping views of the bay directly from the living room, kitchen, and private deck. Perfect as a luxury primary residence or a high-end rental. The Main Level Unit: Currently owner-occupied and impeccably maintained, this space has a proven, successful history as both a short-term and long-term rental. Bonus Amenity: Includes a coveted one-stall detached garage. The Commercial Component: Built-In Stability Turnkey Office Space: Features a professional layout with one restroom; with a reliable, long-term lease already in place, providing immediate, steady cash flow to anchor your investment. Excellent Track Record: The entire property boasts a fantastic rental history and sits in a highly sought-after corridor. Please allow up to 24 hours for showing requests. Showings for the office shal be limited to office hours, Monday through Fridays from 9-4.
For sale
$564,900
602 Jackson St, Petoskey, MI 49770
2beds
2,329sqft
SingleFamily
Built in ----
-- sqft lot
$543,800 Zestimate®
$243/sqft
$-- HOA
What's special
Turnkey office spaceCoveted one-stall detached garagePrivate deckSweeping bay views
- 130 days
- 557
- 30
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Sally Teal,
Berkshire Hathaway HomeServices Michigan Real Estate - HS 231-526-9800
Source: Northern Michigan MLS,MLS#: 479598
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Dining room
- Description: Combined w/LR and Kitchen
Heating
- Natural Gas, Hot Water Baseboard
Appliances
- Included: Dishwasher, Refrigerator, Washer, Dryer, Range
Features
- Basement: Full
Interior area
- Total interior livable area: 2,329 sqft
Property
Parking
- Parking features: Detached Garage
- Has garage: Yes
- Covered spaces: 1
Features
- Patio & porch: Deck
Construction
Type & style
- Home type: SingleFamily
Materials
- Wood Frame/Site Built
Utilities & green energy
- Sewer: City
- Water: City
- Utilities for property: Cable Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Petoskey
Financial & listing details
- Price per square foot: $243/sqft
- Date on market: 6/2/2026
Estimated market value
$543,800
$517,000 - $571,000
$2,808/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/25/2026 | Price change | $564,900-5.1%$243/sqft |
Source: | ||
| 6/2/2026 | Listed for sale | $595,000+19.4%$255/sqft |
Source: | ||
| 3/2/2023 | Listing removed | -- |
Source: | ||
| 1/11/2023 | Price change | $498,500-0.1%$214/sqft |
Source: | ||
| 1/2/2023 | Price change | $499,000-13.8%$214/sqft |
Source: | ||
| 12/12/2022 | Price change | $579,000-3.3%$249/sqft |
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| 11/30/2022 | Listed for sale | $599,000$257/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 49770
Nearby schools
Schools provided by the listing agent
- District: Petoskey
Source: Northern Michigan MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






