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    Specialty properties

    2206 Mitchell Park Dr, Petoskey, MI 49770

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    Property summary
    AI-generated overview

    This exceptional commercial property, located at 2206 Mitchell Park Drive in Petoskey, Michigan, 49770, is offered at $245,000. The property is a special purpose land parcel ideally suited for a variety of commercial uses. The existing structure features a welcoming waiting room, three restrooms, and a convenient break room. Four offices or patient rooms are equipped with water and sinks, providing ample space for staff and clients. Additional storage space ensures efficient organization. The property boasts easy and ample parking, a significant advantage for both employees and customers. Its location just outside of downtown Petoskey offers excellent visibility and accessibility, placing it in a highly sought-after commercial area. Directions: From E Mitchell Rd, turn onto Division Rd, then east onto Mitchell Park Drive. The property is on the right. This property presents a unique opportunity for businesses seeking a well-appointed space in a prime location to establish or expand their operations. The combination of functional interior space, convenient amenities, and desirable location makes this an exceptional investment opportunity.

    Property profile
    Verified
    Property type Specialty properties
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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