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

560 W Mitchell Street Unit 208, Petoskey, MI 49770

Professional suite with private offices, reception space, and a kitchenette within a multi-specialty medical center.

Space SizeContact for details
Days on Market16

Property Features for 560 W Mitchell Street Unit 208

General Information

Standard status Active

Space & Availability

Floor Ground Floor
Space Use Medical Office
Private Offices 2
Listing Agency: Three West,LLC
Listed By: David Coonrod
Source: Harborsir
Added: Aug 27 Changed: Sep 10 Last Checked: Sep 10 at 6:51AM

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 office suite occupies the ground level of Burns Professional Center in Petoskey. The layout includes two private offices, a reception office, and a kitchenette, with shared restroom facilities positioned outside the suite.

The professional center houses specialties including 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, phone, and internet services.

Key Highlights

  • 518‑square‑foot medical office suite
  • Ground‑level location at Burns Professional Center
  • Two private offices plus a reception office

Property Analytics

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

Market

Lease Benchmarks for Petoskey, MI

$18 /SF/Yr
Avg Asking Price
$18–$18 /SF/Yr
Price Range
1,143 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 - Professional suite with private offices, reception space, and a kitchenette within a multi-specialty medical center.
Where is this medical office space located?
The property is located at 560 W Mitchell Street 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: 518‑square‑foot medical office suite; Ground‑level location at Burns Professional Center; Two private offices plus a reception office
More about this property
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