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2 Beds
3 Baths
2,329 sqft

$564,900

602 Jackson Street, Petoskey MI, 49770

Price per sqft$242.55
Property size2,329 sqft
Property typeResidential

Overview

Active

Listed Apr 25, 2026

Updated Sep 11

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.

$3,758/mo

Est. mortgage payment based on a $564,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
479598

Interior Features

Bedrooms
2
Bathrooms
3
Heating
Yes
Basement
Yes

Other Property Details

Garage
Yes

Listed by Sally Teal with Berkshire Hathaway HomeServices Michigan Real Estate - HS
Listing Contact: OFFICE: 231-526-9800 

Based on information from Northern Michigan MLS. Data last updated 9/11/2026. 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. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Casey Gilling shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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