$365,000

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319 Mitchell Street #319 Petoskey, MI, United States 49770

Located in the heart of Petoskey, this mixed-use property offers a rare investment opportunity just steps from downtown shopping, restaurants, waterfront parks, and McLaren Hospital. The property includes a duplex and 3 commercial spaces. The duplex has two 2-bedroom, 1-bath apartments with a year-round water view from the upper unit. Zoning allows the upper unit to be used as a vacation rental, which adds to the property's versatility and potential. The Three commercial spaces provide excellent visibility and exposure along a high-traffic road, ideal for retail, office, or service-based businesses. With flexible zoning, strong income potential, and an unbeatable location in one of Northern Michigan's most vibrant communities, this property is perfect for investors or owner-occupants looking to capitalize on Petoskey's thriving downtown atmosphere. The property next door is also for sale by the same owner, and includes another duplex.

Amenities

  • Bedrooms: 0
  • Full Bathrooms: 0
  • Partial Bathrooms: 0
  • Property Type: MultiFamily
  • Year Built: 1900
  • Built in 1900
  • Home size: 3,850 ft2 / 357.67 m2
  • MLS: 476298
  • Status: Active

Property brokered by

Real Estate One, Inc.

(248) 208-2900

Get more listing details on brokerage site

Presented by Amanda Conklin

  • (231) 347-6200 (Office Phone)

Contact Amanda Conklin

Contact Agent

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