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Outpatient Medical Office Space
For Lease
$18 SF/Yr

560 W Mitchell Street # 208 Unit #208, Petoskey, MI 49770

Outpatient medical suite in a McLaren medical building with in-suite utility responsibility for tenants.

Space SizeContact for details
Property Size518 SF
Days on Market163

Property Features for 560 W Mitchell Street # 208 Unit #208

General Information

Standard status Active
Size 518 SF
Property subtype Office

Amenities

coffee shop
complimentary wheelchair transport for patients

Building Details

Building Size 518 SF
Year Built 1954
Listing Agency: Three West, LLC
Listed By: David Coonrod · License #6501426180
Source: Patobrien
Added: Mar 26 Changed: Sep 3 Last Checked: Sep 1 at 11:42PM

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.

Outpatient medical facility space is available in the McLaren medical building in Petoskey. The building supports a wide range of specialty services, including audiology, cardiology, digestive health, internal medicine, obstetrics and gynecology, oncology and hematology, psychology, pulmonary, and a sleep center. Tenant responsibilities include in-suite electric and gas, plus phone and internet services.

The space is located on a medical campus with hospital access, and is minutes from downtown Petoskey. The lobby includes a coffee shop and complimentary wheelchair transport for patients.

Key Highlights

  • Outpatient medical facility suite in the McLaren medical building in Petoskey
  • Suitable for multiple specialties including chiropractic, pediatrics, dermatology, plastics, dental, physical therapy, and counseling
  • Other specialties in the building include audiology, cardiology, internal medicine, OB/GYN, oncology and hematology, psychology, pulmonary, and sleep center

Property Analytics

Current Use

Medical Office Space

Lease Details

NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

6
Businesses Nearby
Well-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 medical suite in a McLaren medical building with in-suite utility responsibility for tenants.
Where is this medical office space located?
The property is located at 560 W Mitchell Street # 208 Unit #208 Petoskey, MI.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Outpatient medical facility suite in the McLaren medical building in Petoskey; Suitable for multiple specialties including chiropractic, pediatrics, dermatology, plastics, dental, physical therapy, and counseling; Other specialties in the building include audiology, cardiology, internal medicine, OB/GYN, oncology and hematology, psychology, pulmonary, and sleep center
More about this property
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