Emmet County, MI Mixed-use properties for sale

Updated: Jul 2

Mixed-Use Building with Commercial Space

525 W Mitchell Street, Petoskey, MI 49770

$1,870,000

10,580 sqft

Approximately 10,580 sq ft Petoskey commercially zoned property at 525 W. Mitchell St. & 516 Monroe St.
Across from a regional hospital; zoned COP‑B‑3 and RM‑2.
16 micro rental units with bath plus two large commercial spaces for office/retail.
Recent upgrades include a $90K roof and new windows, plus vanity and sinks in small units.
All units are occupied and leased; basement storage is clean and dry.

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This listing looks promising.

Here's a quick look at some key insights for

525 W Mitchell Street, Petoskey, MI 49770

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Est. Cap Rate

6.6%
Above avg (5.9%)
Est. NOI

$123K
Annual
Mortgage

$450K
Aug 2020

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Updated: Jun 11

Mixed-Use Building with Rental Micro-Units

525 W Mitchell St, Petoskey, MI 49770

$1,930,000

22,405 sqft

Commercially zoned B3 property in Petoskey with approximately 10,580 sq ft of rental opportunity
Across the street from a regional hospital; walkable to downtown restaurants and waterfront
Includes 16 micro rental units, plus 2 large commercial spaces for office/retail
On‑site house with back yard: 2 bed, 2 bath plus 1‑car garage, and basement storage described as clean & dry
Recent capital expenditures include a $90K roof and new windows, vanities, and sinks in small units

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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Emmet County, MI, we suggest exploring several alternatives: similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Development Site on Bluff

4367 Charlevoix Ave, Petoskey, MI 49770

$369,000

Bluff-top commercial lot with prior assisted-living approval and utility access, offering bay and Beaver Island views.

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Waterfront Multi-Use Land Parcels

220 Water Street, East Jordan, MI 49727

$4,999,000

3.40 AC lot

Eight parcels total 3.4 acres with 360 feet of Lake Charlevoix waterfront in a centrally located mixed-use setting.

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Gently Sloped Commercial-Ready Lot

US 31 S, Charlevoix, MI 49720

$110,000

1.34 AC lot

A 1.34-acre wooded site with utility access options in a mixed residential and commercial planning area.

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Elmira Land Parcel on Woodward

V/L 1.6AC Woodward Avenue, Elmira, MI 49730

$63,900

1.60 AC lot

1.6-acre parcel with meadow and woods near M-32 Highway.

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Off-Market Properties in Emmet County, MI

Consider similar Off-Market properties in Emmet County, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Mixed-use properties

4281 Pickeral Lk Rd, Petoskey, MI 49770

Value Estimation by Request

55.42 AC lot

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Emmet County, MI Mixed-Use Properties Market Trends and Statistics

Explore 3 mixed-use properties for sale in Emmet County, MI on our real estate platform. These investment opportunities span a total of 32,985 square feet of properties for sale, with an estimated market value of $3,800,000.

Sale prices for multi use buildings in Emmet County, MI start at $1,870,000, averaging $1,900,000, and reaching up to $1,930,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.