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Medical Office Suite with Private Offices
For Lease
$18 SF/Yr

200-560 W Mitchell St, Petoskey, MI 49770

Outpatient suite with reception area, a spacious main room, and dedicated offices within a multi-specialty medical building.

Space Size1,559 SF
Days on Market207

Property Features for 200-560 W Mitchell St

General Information

Standard status Active
Size 1,559 SF
Net Rentable 1,559 SF

Space & Availability

Available Space 1,559 SF
Contiguous Space 1,559 SF
Space Use Medical Office
Private Offices 2

Additional Details

Utilities to Site Yes
Listing Agency: Three West, LLC
Listed By: David Coonrod · License #6501426180
Source: Exprealty
Added: Feb 5 Changed: Aug 30 Last Checked: Aug 30 at 10:03PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Three West, LLC

Investment Insights

Based on property information with market context.

This 1,559 SF outpatient medical suite is located in the McLaren medical building at 200-560 W Mitchell St in Petoskey. The layout includes a reception window, a large central area, and 2 private offices. The space was previously used as a pharmacy.

The building houses specialties including audiology, cardiology, digestive health, internal medicine, obstetrics and gynecology, oncology and hematology, psychology, pulmonary care, and sleep services. In-suite electric, gas, and phone/internet services are the tenant’s responsibility.

Key Highlights

  • 1,559 SF outpatient medical suite in the McLaren medical building
  • Reception window, large main area, and 2 private offices
  • Former pharmacy space

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Storage Facility Grocery & Convenience Store Big Box & Wholesale Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,482
Businesses Nearby
Under-served
Demand for This Use

Demographics for 49770, MI

17,643
Population
10,244
Households
1.7
Avg Household Size
44
Median Age
47%
College-Educated
97%
High-School Grad
109.4 sq mi
ZIP Area
161
Density / Sq Mi
$80,431
Median Household Income
$42,154
Median Earnings
$1,077
Median Rent
$309,900
Median Home Value

Market

Lease Benchmarks for Petoskey, MI

$18 /SF/Yr
Avg Asking Price
$18–$18 /SF/Yr
Price Range
30,732 SF
Avg Space Size

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Outpatient suite with reception area, a spacious main room, and dedicated offices within a multi-specialty medical building.
Where is this medical office space located?
The property is located at 200-560 W Mitchell St Petoskey, MI.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 1,559 SF outpatient medical suite in the McLaren medical building; Reception window, large main area, and 2 private offices; Former pharmacy space
More about this property
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