Property Details

501 and 515 W Mitchell Street, Petoskey

Listing Details

Multiple use options for this four-unit commercial building including using once space while you rent out the others. Located across from McLaren Hospital and right by the US-131 and US-31 intersection, this location boasts over 27,000 average annual daily traffic per day per MDOT. At the time of this writing two spaces are rented and one has been freshly remodeled and painted with an epoxy floor. Units 1 and 2 connect via a lockable door allowing for more space if desired. All leases feature clauses that allow for a buyer to terminate those leases within a short period if desired. Walkable to restaurants, the hospital, pharmacies, and more with a short drive to office supply stores. A two-minute drive to downtown Petoskey. With Petoskey and surrounding communities growing and more and more people choosing to live in the region, take this opportunity to gain a great value during a time where the marijuana industry has other commercial properties overly inflated.

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501 and 515 W Mitchell Street
Petoskey MI, 49770

$650,000

  • Square Ft 5,814
  • School District Petoskey
  • County Emmet
  • Water View No
  • Waterfront No
  • Type Commercial/ Industrial
  • Subtype Commercial Building, Professional/ Office Bldg.
  • Zoning Commercial B-3
  • Water City
  • roof Rolled
  • window Insulated
  • water heater Natural Gas
  • sewer City
  • # of Units 4
  • stories Two
  • heat Natural Gas, Electric
  • Features Cable TV, Natural Gas, Off-Street Parking, Air-Conditioning, Patio/ Deck, Paved Roads
  • Construction Wood Frame, Block
  • Basement Slab, None
  • Listing Courtesy of / MAX LIGHTHOUSE

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