315 & 319 W Mitchell Street, Petoskey

$599,900

7 Beds
5 Baths
5,378 Sqft
0 Acres
Garage Capacity 0

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.

Essential Information
MLS® #461227
Price$599,900
Bedrooms7
Bathrooms5.00
Full Baths2
Half Baths3
Square Footage5,378
Acres0.00
Year Built1900
TypeCommercial/Industrial
Sub-TypeCommercial/Industrial
Community Information
Address315 & 319 W Mitchell Street
CityPetoskey
CountyEmmet
StateMI
Zip Code49770
Features

Cable TV, Refrigerator, Washer, Natural Gas, Off-Street Parking

Interior
HeatingNatural Gas
StoriesTwo
Exterior
RoofAsphalt Shingle
ConstructionWood Frame
School Information
DistrictPetoskey
Additional Information
ZoningCOP B-3
Listing Details
This (property or listing) is courtesy of Gaslight Group Properties
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