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About This Home

This 2-bedroom, 3-bathroom single family at 602 Jackson in Petoskey, MI is listed for $595,000 ($255 per sqft). the home offers 2,329 sqft of living space on a N/A lot.

Agent Description

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.

Key Features

  • 1 parking spaces

Property Details

2 full, 1 half
1 space

Amenities

ViewBasement

Monthly Cost Estimate

$3,182/mo

20% down · 6.5% · 30 years

Principal$430
Interest$2,578
Insurance$174

Estimates only. Actual payments may vary.

Location

602 Jackson

Petoskey, MI 49770

Features & Amenities

Interior Features

DeckDishwasherDryerRangeRefrigeratorWasher

Property Details

Views

Water

Parking

GarageGarage - Detached

Heating

BaseboardHot Water (Heating)Natural Gas

Appliances

DishwasherDryerRangeRefrigeratorWasher

Questions & Answers

This 2-bedroom, 3-bathroom single family at 602 Jackson is listed at $595,000 ($255/sqft). The estimated monthly payment is $2,578 based on 20% down at 6.5% interest.

Key features include: 1 parking spaces. Interior Features: Deck, Dishwasher, Dryer.

This property is listed by Sally Teal and can be reached at 2318819989 or sallyteal@bhhsmi.com.

ST

Sally Teal

Agent at Berkshire Hathaway HomeServices Michigan Real Estate - HS

(231) 881-9989

Listed by Berkshire Hathaway HomeServices Michigan Real Estate - HS · View on Broker Site

MLS# 479598· Source: listhub· Updated today

Copyright © 2026 Northern Michigan MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

602 Jackson, Petoskey, MI 49770

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