319 W Mitchell Street, Petoskey, MI

$405,000

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38,500

Square feet

About 319 W Mitchell Street

Fantastic income producing property with 2 residential units and 3 commercial units. Both residential units are 2 bedrooms and 1 bath. Each commercial space has a private bathroom and fronts US Hwy 31 providing great business exposure to public. All units have great bones and are located just 3 blocks from the hospital, 4 blocks from downtown shopping and restaurants, 3 blocks from the famed Little Traverse Wheelway bike path, 3 blocks from waterfront parks and 3 blocks from the Bear River recreational park trails. Zoned B-3 which allows the 2nd floor residential units to be short term vacation rentals adding income potential. Duplex next door at 315 W Mitchell St. is also available for sale by same owner.

Features of 319 W Mitchell Street

MLS® # 473997
Price $405,000
Square Footage 38,500
Acres 0.00
Year Built 1900
Type Multi-Family
Sub-Type Multifamily
Status Active

Community Information

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

Amenities

Features Range, Refrigerator, Cable
# of Garages 0.0
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas, Forced Air
Fireplace No
Has Basement Yes
Basement Partial

Exterior

Lot Description 75X98
Windows Wood Sash
Roof Asphalt Shingles
Construction Wood Frame

School Information

District Petoskey

Additional Information

Zoning B-3
Foreclosure No
Short Sale No

Listing Details

OfficeReal Estate One

Listing Map

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