Property Details

319 W Mitchell Street, Petoskey

Listing Details

Located in the heart of Petoskey, this mixed-use property offers a rare investment opportunity just steps from downtown shopping, restaurants, waterfront parks, and McLaren Hospital. The property includes a duplex and 3 commercial spaces. The duplex has two 2-bedroom, 1-bath apartments with a year-round water view from the upper unit. Zoning allows the upper unit to be used as a vacation rental, which adds to the property’s versatility and potential. The Three commercial spaces provide excellent visibility and exposure along a high-traffic road, ideal for retail, office, or service-based businesses. With flexible zoning, strong income potential, and an unbeatable location in one of Northern Michigan’s most vibrant communities, this property is perfect for investors or owner-occupants looking to capitalize on Petoskey’s thriving downtown atmosphere. The property next door is also for sale by the same owner, and includes another duplex.

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319 W Mitchell Street
Petoskey MI, 49770

$365,000

  • Bedrooms 4
  • Square Ft 3,850
  • School District Petoskey
  • County Emmet
  • Water View Yes
  • Waterfront No
  • Type Commercial/ Industrial
  • Subtype Business Opportunity
  • Zoning B-3
  • Year Build 1900
  • Water City
  • roof Asphalt Shingle
  • window Wood
  • sewer City
  • # of Units 5
  • stories Two
  • heat Natural Gas, Forced Air
  • Features Refrigerator, Range
  • Construction Wood Frame
  • Basement Partial
  • Listing Courtesy of Real Estate One

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