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Medical Office Suite with Private Offices

560 W Mitchell Street, Petoskey, MI 49770

For Lease
$18 SF/Yr

A reception window, broad central area, and two private offices provide a functional layout for outpatient care.

Space Size1,559 SF
Days on Market276

Property Features for 560 W Mitchell Street

General Information

Standard status Active
Size 1,559 SF
Net Rentable 1,559 SF
Zoning Commercial, Office

Space & Availability

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

Building Details

Building Size 1,559 SF
Year Built 1954
Listing Agency: Three West, LLC
Listed By: David Coonrod · License #6501426180
Source: Proper-realestate
Added: Feb 5 Changed: Nov 4 Last Checked: Nov 6 at 3:49AM

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

Rey
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Investment Insights

Based on property information with market context.

This 1,559-square-foot medical office suite at 560 W Mitchell Street includes a reception window, a large central area, and two private offices. The space was previously used as a pharmacy and is located in the McLaren medical building in Petoskey, Michigan.

Medical services in the building include audiology, cardiology, digestive health, internal medicine, obstetrics and gynecology, oncology and hematology, psychology, pulmonary care, and sleep services. The tenant is responsible for in-suite electric, gas, and phone and internet service.

Key Highlights

  • 1,559 square feet of medical office space
  • Reception window, large main area, and two private offices
  • Located in the McLaren medical building in Petoskey

Property Analytics

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Current Use

Medical Office Space

Suggested Use

Top Pick Big Box & Wholesale Store HVAC Service Auto Parts Store Garden Center Grocery & Convenience Store Auto Repair Shop

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

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

Location Intelligence

Trade Area within ½ mile

745
Businesses Nearby
Balanced
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
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Market

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

Frequently Asked Questions

What type of property is this?
Medical Office Space - A reception window, broad central area, and two private offices provide a functional layout for outpatient care.
Where is this medical office space located?
The property is located at 560 W Mitchell Street 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 square feet of medical office space; Reception window, large main area, and two private offices; Located in the McLaren medical building in Petoskey
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