500 Madison St, Petoskey, MI

About 500 Madison St

Exceptional Investment Opportunity: Prime Office Building in Petoskey Seize the chance to own this premium commercial office building, strategically located adjacent to the McClaren Hospital campus and just minutes from vibrant downtown Petoskey. Boasting a high-visibility position on one of Petoskey’s busiest corridors, this property benefits from a traffic count of over 25,000 vehicles daily, ensuring unparalleled exposure. This spacious building offers a well-maintained layout that accommodates multiple tenants. Currently, two long-term tenants occupy the upper levels, providing stable, consistent income. Additionally, a third tenant in the lower level has expressed interest in extending their lease, further solidifying the building’s investment potential. Features include: • Ample on-site parking to accommodate tenants and visitors. • A prime location with easy access to major thoroughfares and nearby amenities. • A high-demand area with proximity to healthcare, retail, and dining establishments. With its steady cash flow, premium location, and excellent growth potential, this property is ideal for seasoned investors or first-time buyers looking to enter the thriving Petoskey market. Don’t miss this rare opportunity to own a high-performing asset in one of Northern Michigan’s most desirable areas.

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