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Ground-Level Medical Office Suite
For Lease
$18 SF/Yr

208-560 W Mitchell St, Petoskey, MI 49770

Two private offices, a reception area, and a kitchenette support professional office operations.

Space SizeContact for details
Days on Market146

Property Features for 208-560 W Mitchell St

General Information

Standard status Active

Space & Availability

Floor Ground Floor
Space Use Medical Office
Private Offices 2

Additional Details

Utilities to Site Yes

Amenities

kitchenette
shared restroom facilities
Listing Agency: Three West, LLC
Listed By: David Coonrod · License #6501426180
Source: Exprealty
Added: Mar 26 Changed: Aug 16 Last Checked: Aug 18 at 1:47PM

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 518-square-foot medical and professional office suite occupies the ground level of Burns Professional Center. The layout includes two private offices, a reception office, and a kitchenette, with restroom facilities shared outside the suite. In-suite electric, gas, and phone/internet services are the tenant’s responsibility.

The property is located at 208-560 W Mitchell St in Petoskey, within a professional medical setting that includes audiology, cardiology, digestive health, internal medicine, obstetrics and gynecology, oncology and hematology, psychology, pulmonary, and sleep center specialties.

Key Highlights

  • 518‑square‑foot ground‑level medical office suite
  • Two private offices plus a separate reception office
  • Kitchenette included within the suite

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

1,430
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 - Two private offices, a reception area, and a kitchenette support professional office operations.
Where is this medical office space located?
The property is located at 208-560 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: 518‑square‑foot ground‑level medical office suite; Two private offices plus a separate reception office; Kitchenette included within the suite
More about this property
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