Property Details

5033 Cook Avenue, Petoskey

Listing Details

Comprehensively remodeled, multi-use building between Petoskey and Harbor Springs with views of Crooked Lake available for under $300,000! Multiple streams of revenue are in place with three separate entrances for the commercial space and a 4th entrance to a private two-bedroom residence spanning two floors. Perfect for the pure investor or a local or part time resident looking to be a user for part of the space and earn income from the rest. This offering is 100% occupied and provides a handsome return. The main floor is currently configured as a hair and nail salon plus it has a private massage room and the residential condominium behind and above. The residential unit has a longer-term tenant but could be used in the future as a short-term rental or weekend getaway being close to Nubs Nob, The Highlands of Harbor Springs, shopping, dining, and all just 100 yards from a sandy public beach to the east and 50 yards from the northern loop of the Little Traverse Bike Path to the west. New Central Air, High Speed Internet, Handicap Accessible and ample parking. It would be difficult to replicate this building maybe even 3 times the price! Call Mac today for a private tour.

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5033 Cook Avenue
Petoskey MI, 49722

$295,000

  • Bedrooms 2
  • Square Ft 2,224
  • School District Petoskey
  • County Emmet
  • Water View No
  • Waterfront No
  • Type Commercial/ Industrial
  • Subtype Business Opportunity, Commercial Building, Professional/ Office Bldg., Residential Included
  • Zoning B-1
  • Current Business Service
  • Water Well
  • roof Asphalt Shingle, Rolled
  • sewer City
  • # of Units 4
  • stories Two
  • Other Buildings Shed
  • heat Natural Gas, Forced Air
  • Features Cable TV, Washer, Off-Street Parking, Air-Conditioning, Hardwood Floors, Dryer
  • Construction Wood Frame
  • Basement Partial, Poured
  • Listing Courtesy of Gaslight Group Properties

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