575 Mitchell StPetoskey, MI 49770

Property Details for 575 Mitchell St

Lot size

0.27 AC

Property size (Sq ft)

2,088 SF

Zone code

COP B-3

Property type

Other commercial real estate

APN

52-19-06-100-037

APU

521906100037

Description

This exceptional 2,000-square-foot retail property at 575 W Mitchell St in Petoskey, Michigan, presents a unique investment opportunity. Situated on a 0.27-acre lot in Emmet County, this single-tenant building boasts unparalleled visibility due to its location near the intersection of US-31 and US-131. The property benefits from its proximity to McLaren Hospital and a newly redeveloped shopping center anchored by Panera Bread, ensuring high foot traffic and brand exposure. Previously used as an auto repair shop, the building offers a blank canvas for a new tenant to customize the space to their specific needs. While currently utilized for overflow parking by a neighboring urgent care facility, dedicated parking for tenants and customers is negotiable. This prime location offers a rare chance to establish a thriving business in a high-demand area. The property is classified as both retail and land, offering flexibility for various commercial uses. The address is 575 W Mitchell St, Petoskey, MI 49770.

• Alternative Use

  Use

  Valuation

  Residential

  $436,509

  Hospitality

  $399,840

  Educational

  $332,662

  Medical

  $344,103

  Retail

  $517,474

Location Insight

City

Petoskey

County

Emmet

State

Michigan

Latitude

45.3706

Longitude

-84.9704

Property Tax & Assessments

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