306 E Lake St, Petoskey, MI 49770 Property Records

Emmet County property record for 306 E Lake St, Petoskey, MI 49770

Property Summary

Property Type	Commercial
Lot Size	0.111 acres (4,848 sqft)
Owner	Company Name on Record
Last Sale	$430,500 (Aug 1997)
Tax Bill	$14,566 (2024)
Deeds & Mortgages	Feb 2023 Mortgage Aug 2017 Transfer
Flood Zone	Zone X (minimal risk)
APN	`52-19-06-226-021`

Property Details

APN / Parcel Number

Primary APN	`52-19-06-226-021`

Exterior

Fire Resistance	Fireproof Steel Frame
Lot Area	4,848 sqft (0.111 acres)

Location & Zoning

Street Address	306 E LAKE ST
City	PETOSKEY
State	MI
Zip	49770-2418
Property Category	Commercial
Property Type	Commercial > Retail
Local Zoning Code	COP B-2
Legal Description	SHAW & MC MILLAN'S ADDITION THE N 75 FT OF W 25 FT OF LOT 6 BLK 8 & THE N 75' OF LOT 7 BLK 8 SECTION 6, T34N, R5W
Legal Range	05W
Legal Township	34N
Legal Section	06
Legal Subdivision	SHAW & MCMILLANS ADD
Legal Block	8
Legal Lot Number	6-7
Jurisdiction	EMMET MI
Township / Civil Division	PETOSKEY
Census Block Group	2
Census Block	2007
Census Tract	970700

Historic Designation

Source: NPS National Register of Historic Places, as of August 1, 2026

Historic District	Within the Petoskey Downtown Historic District (Additional Documentation) listed 1986 · 88 contributing resources · NRIS 86002048

Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.

Owner

Source: Emmet County records, as of July 21, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	862 CROOKED TREE DR, PETOSKEY, MI 49770-8547
Owner Type	Company
Vesting	Trust, Family Trust

Deeds, Mortgages & Sale History

Date	Document
Feb 20, 2023	Deed of Trust, Mortgage · Conventional Mortgage CITIZENS NATIONAL BANK OF CHEBOYGAN
Aug 28, 2017	Intrafamily Transfer, Transfer

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Aug 1, 1997 · Amount on Record
Deed Sale	Aug 1, 1997 · Amount on Record
Last Transfer Date	Aug 18, 2017
Transfer Doc	1197/0347
Record Updated	Sep 20, 2026

February 2023: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	EMMET MI
Property Address	306 E LAKE ST, PETOSKEY, MI 49770-2418
Transaction Type	Mortgage
Record Updated	Mar 3, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	306 E LAKE ST, PETOSKEY, MI 49770-2418

Mortgage

Document Number	0000001250/0000000206
Date	Feb 20, 2023
Book Page	0000001250/0000000206
Instrument	5203193

Lender

Name	CITIZENS NATIONAL BANK OF CHEBOYGAN

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded

August 2017: Intrafamily Transfer, Transfer

Document Type	Intrafamily Transfer
Jurisdiction	EMMET MI
Recording Date	Aug 28, 2017
Property Address	306 E LAKE ST, PETOSKEY, MI 49770-2418
Document Number	1197/0347
Book / Page	1197 / 0347
Instrument Date	Aug 18, 2017
Instrument	5150222
Transaction Type	Transfer
Record Updated	Jun 22, 2021

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name
Address	3467 RIVER RD, 3467, PETOSKEY, MI 49770-9572

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Family Trust
Address	3467 RIVER RD, PETOSKEY, MI 49770-9572

Tax Assessment & Valuation

Source: Emmet County assessment roll, as of July 21, 2026

Property Jurisdictions

Type	Name
State	Michigan
County	Emmet County
Municipality	Petoskey City
Unified School District	Public Schools of Petoskey (KG - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$473,300 (+2.56%) Land $473,300	$946,600 (+2.56%) Land $946,600
2025		$461,500 (+18.33%) Land $461,500	$923,000 (+18.33%) Land $923,000
2024	$14,566.00
2023		$390,000 Land $390,000	$780,000 Land $780,000

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective May 31, 2022

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 80% of the US · above 51% of Michigan
Wildfire Likelihood	0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	CITY OF PETOSKEY serves 8,979 people · EPA ID MI0005300
Water Source	Groundwater
Last State Inspection	Aug 2023
Lead	2 ppb (2022–2024) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 508 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Spectrum Cable · Fiber in parts of the area	1,000 / 1,000
Verizon Fixed Wireless	300 / 20

May also be available: AT&T.

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