316 E Lake St, Petoskey, MI 49770 Property Records

Emmet County property record for 316 E Lake St, Petoskey, MI 49770 · Last verified July 2026

Property Summary

Property TypeCommercial
Details9,663 sqft
Lot Size0.16 acres (6,970 sqft)
OwnerCompany Name on File
Tax Bill$14,280 (2024)
Deeds & MortgagesJul 2023 Mortgage
Jan 2023 Sale
Flood ZoneZone X (minimal risk)
APN52-19-06-226-024

Property Details

APN / Parcel Number

Primary APN52-19-06-226-024

Interior

Units3 Units
Stories1 Story
Building Area9,663 sqft Total Area
1st Floor Area12,145 sqft

Exterior

Fire ResistanceWood or Wood & Steel Frame
Lot Area6,970 sqft (0.16 acres)
Lot Dimensions138 ft deep x 49.8 ft wide

Location & Zoning

Street Address316 E LAKE ST
CityPETOSKEY
StateMI
Zip49770-2418
Property CategoryCommercial
Property TypeCommercial > Retail
Legal DescriptionSHAW & MC MILLAN'S ADDITION W 1/2 OF LOT 4 & COM AT NE COR OF LOT 5, TH W 25.22', TH S 138' TO A PT 23.95' W OF SE COR OF LOT
Legal Range05W
Legal Township34N
Legal Section06
Legal SubdivisionSHAW AND MCMILLANS ADDITION
Legal Block8
Legal Lot Number4-5
JurisdictionEMMET MI
Township / Civil DivisionPETOSKEY
Census Block Group2
Census Block2007
Census Tract970700

Owner

Source: Emmet County records · APN 52-19-06-226-024

Assessment roll updated July 21, 2026 · Last verified July 2026

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

Owner of RecordCompany Name on File
Mailing AddressPO BOX 676, PETOSKEY, MI 49770-0676
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

DateDocument
Jul 24, 2023Deed of Trust, Mortgage · Commercial Mortgage
FIRST COMMUNITY BANK
Jan 04, 2023Warranty Deed, Transfer

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleJan 04, 2023
Deed SaleJan 04, 2023
Prior SaleDec 01, 1986
Deed Document Number20235202401
Deed Book / Page1249 / 415
Record UpdatedSep 20, 2026

July 2023: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionEMMET MI
Property Address316 E LAKE ST, PETOSKEY, MI 49770-2418
Transaction TypeMortgage
Record UpdatedAug 14, 2023

Transferred To (Grantee/Buyer)

NameVerified Name
Address316 E LAKE ST, PETOSKEY, MI 49770-2418

Mortgage

Document Number0000001253/0000000601
DateJul 24, 2023
Book Page0000001253/0000000601
Instrument5206593
Lender
NameFIRST COMMUNITY BANK
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

January 2023: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionEMMET MI
Recording DateJan 04, 2023
Property Address316 E LAKE ST, PETOSKEY, MI 49770-2418
Document Number001249/415
Book / Page1249 / 415
Instrument DateNov 22, 2013
Instrument5202401
Transaction TypeTransfer
Record UpdatedJan 13, 2023

Transaction

Tax$0.00
Amount AccuracyNo Consideration Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address9500 S DADELAND BLVD, MIAMI, FL 33156-2824

Tax Assessment & Valuation

Source: Emmet County records · Assessment roll updated July 21, 2026 · Last verified July 2026

Property Jurisdictions

TypeName
StateMichigan
CountyEmmet County
MunicipalityPetoskey City
Unified School DistrictPublic Schools of Petoskey (KG - 12)

Tax Bill & Assessment History

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

YearTax BillAssessed ValueAssessed Market Value
2026$437,300 (+23.53%) Building $437,300$874,600 (+23.53%) Building $874,600
2024$14,280.00
2023$354,000 Building $354,000$708,000 Building $708,000

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Emmet County (26047C), updated May 31, 2022 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood ZoneZone X
Flood HazardMinimal
500-Year FloodplainNo
Special Flood Hazard AreaNo

Wildfire

Wildfire RiskNot rated
no burnable land in reach
Wildfire LikelihoodNegligible
ExposureNone
beyond ember reach

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

Historic Designation

Source: NPS National Register of Historic Places · August 1, 2026 release · Last verified October 2026

Historic DistrictWithin 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.

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