315 & 319 W Mitchell Street, Petoskey, MI

$599,900

7

Beds

5

Baths

5,378

Square feet

About 315 & 319 W Mitchell Street

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.

Facts & Features

MLS® # 461227
Price $599,900
Bedrooms 7
Bathrooms 5.00
Full Baths 2
Half Baths 3
Square Footage 5,378
Acres 0.00
Year Built 1900
Type Commercial/Industrial
Sub-Type Commercial/Industrial

Community Information

Address 315 & 319 W Mitchell Street
City Petoskey
County Emmet
State MI
Zip Code 49770

Amenities

Features Refrigerator, Natural Gas, Off-Street Parking, Cable TV, Washer
Is Waterfront No

Interior

Heating Natural Gas
Stories Two
Has Basement No

Exterior

Roof Asphalt Shingle
Construction Wood Frame

School Information

District Petoskey

Additional Information

Date Listed November 30th, -0001
Zoning COP B-3
Foreclosure No
Short Sale No

Listing Details

OfficeGaslight Group Properties

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?