Property Details

315 & 319 W Mitchell Street, Petoskey

Listing Details

Just a fabulous opportunity between Downtown Petoskey and McLaren Northern Michigan Hospital in the popular B-3 Zoning corridor. With 125 feet of prime, high traffic, road frontage on US 31/131 covering two different parcels with ingress and egress from both the front and the rear, the opportunities here are diverse. Currently operated as 4 long-term residential rentals with 3 road frontage commercial units, the next consumer could continue operating in the same fashion or potentially reconstruct on one site and create ample parking adjacent, or maybe build two new structures on each Tax ID. Loads of potential and in the perfect spot for long-term success as the area of Petoskey that is receiving significant financial investment being that it's the main thoroughfare thru the Little Traverse Bay Basin.

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315 & 319 W Mitchell Street
Petoskey MI, 49770

$599,900

  • Bedrooms 7
  • Square Ft 5,378
  • School District Petoskey
  • County Emmet
  • Water View No
  • Waterfront No
  • Type Commercial/ Industrial
  • Subtype Commercial Building, Professional/ Office Bldg., Residential Included
  • Zoning COP B-3
  • Current Business Retail
  • Year Build 1900
  • Water City
  • roof Asphalt Shingle
  • sewer City
  • # of Units 7
  • stories Two
  • Other Buildings Shed
  • heat Natural Gas
  • Features Cable TV, Refrigerator, Washer, Natural Gas, Off-Street Parking
  • Construction Wood Frame
  • Listing Courtesy of Gaslight Group Properties

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