1414 KILBORN, PETOSKEY, MI

$549,000

3 Beds

2 Baths

1 full, 1 half

2456 SqFt

A unique opportunity in Petoskey offering an exceptional combination of residential living, income potential, and commercial flexibility. Situated just outside the city limits and only minutes from downtown Petoskey, 1414 Kilborn Drive offers a three-bedroom, one-and-a-half-bath home along with attached professional office/commercial space, all under one roof. Short-term rentals are allowed, adding yet another option for an owner, investor, or someone looking for a flexible live/work property. The property offers numerous possibilitieslive in the residential portion while operating your business next door, lease the commercial space for additional income, utilize the property as a short-term rental, or explore converting additional space back to residential use or creating a duplex-style configuration. Originally constructed as a home, the building provides tremendous flexibility for a variety of future uses, subject to applicable zoning and approvals. Set on a prominent corner at Kilborn Drive and US-131, the property offers excellent visibility and convenient access while backing up to an established residential neighborhood. Enjoy a nice backyard and easy access to shopping, restaurants, medical services, and everyday conveniences, with downtown Petoskey and the waterfront just a short drive away. A versatile property with an uncommon combination of location, residential comfort, commercial potential, and opportunity. Please note: some minor construction would be needed to fully separate and configure the third bedroom and living room from the adjoining commercial space.

Property Details

Property Type Residential
Mls # 480899
LotSize 0 acres
Property Subtype Single Family Residence
Num Of Floors 0

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Bill Winslow
Bill Winslow
Coldwell Banker Schmidt Realtors
  • Harbor Springs, MI
  • Phone: 231-838-5263
  • Office : 231-526-1100
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Visit me online at https://www.coldwellbanker.com/agent/william.winslow@coldwellbanker.com

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The Winslow Group was wonderful in helping us price, list, and sell our northern Michigan waterfront condo recently.The photos and video they arranged professionally were gorgeous and showed...

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Professionalism at it's best! Without their expertise and guidance, our offer would not have been chosen! We loved having a team constantly look out for us and knowing exactly where the transaction...

Read more 02/25/2026 - kellyscripter
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We worked with Alisa, and she was great with getting in touch with us, being frank with us as we negotiated, and was patient with our family's travel schedule etc. We also really appreciated the...

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Bill and the Winslow Group were exactly who I needed to sell my house! Friendly, professional, knowledgeable, and couldn't have made the process easier. Weekly updates were the best, I felt well...

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The Winslow team made buying a house a wonderful, They took great care of us and kept us updated every step of the process. We knew where we were at the whole way through. It was a great experience...

Read more 11/07/2025 - zuser20160830094821568
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Bill, Alisa, and Jennifer did a great job navigating through listings to find the right one. They worked very hard, provided sound advice, and kept in communication frequently throughout the...

Read more 10/31/2025 - skatin n slipknot
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