501 And 515 W Mitchell Street, Petoskey, MI


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Square feet

About 501 And 515 W Mitchell Street

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.

Features of 501 And 515 W Mitchell Street

MLS® # 462613
Price $650,000
Bathrooms 5.00
Half Baths 5
Square Footage 5,814
Acres 0.00
Type Commercial/Industrial
Sub-Type Commercial/Industrial

Community Information

Address 501 And 515 W Mitchell Street
City Petoskey
County Emmet
State MI
Zip Code 49770


Features Natural Gas, Off-Street Parking, Patio/Deck, Paved Roads, Cable TV, Air-Conditioning
Is Waterfront No


Heating Natural Gas, Electric, Forced Air
Stories Two
Has Basement No
Basement None, Slab


Windows Insulated
Roof Rolled
Construction Wood Frame, Block

School Information

District Petoskey

Additional Information

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

Listing Details


Listing Map

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