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Former Drugstore Retail Building
For Sale
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630 W Mitchell St, Petoskey, MI 49770

Former Rite Aid retail building available for lease next to the hospital in Petoskey.

Property SizeContact for details
Days on Market122

Property Features for 630 W Mitchell St

General Information

Standard status Active
Property subtype Retail
Listing Agency: Zelnik Realty Ltd
Listed By: Mark Zelnik · License #OH 2005001200
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 6:14PM

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 Zelnik Realty Ltd

Investment Insights

Based on property information with market context.

This former Rite Aid drugstore building is offered for lease as a retail space. The property is configured as a dedicated retail storefront consistent with prior drugstore use.

The building is located in Petoskey, MI at 630 W Mitchell St and is described as being next to the hospital, providing a convenient customer-facing setting.

For details on current interior layout and leasing terms, contact the listing broker.

Key Highlights

  • Former Rite Aid retail building available for lease
  • Located in Petoskey, MI next to the hospital

Property Analytics

Current Use

Drug stores

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

960
Businesses Nearby
107k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 62% Shops & Services 21% Apparel 13% Electronics 2%
McDonald's Dining
21,222 visits/mo 0.3 miles
Wendy's Dining
18,598 visits/mo 0.3 miles
Ross Dress for Less Apparel
13,794 visits/mo 0.5 miles
Burger King Dining
13,602 visits/mo 0.4 miles
Arby's Dining
7,264 visits/mo 0.1 miles

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

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Drug store - Former Rite Aid retail building available for lease next to the hospital in Petoskey.
Where is this drug store located?
The property is located at 630 W Mitchell St Petoskey, MI.
What are key features of this property?
This property features: Former Rite Aid retail building available for lease; Located in Petoskey, MI next to the hospital
(614) 296-0184 Call to check price and availability
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