575 Mitchell St, Petoskey, MI 49770-2252
- Commercial real estate
- 2,088 SF
- 0.27 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 575 Mitchell St
- Lot size
- 0.27 lot acres
- Zone code
- COP B-3
- Property type
- Commercial real estate
- APN
- 52-19-06-100-037
- APU
- 521906100037
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Mar 19, 2026 | — | 575 West Mitchell Holdings LLC | — | Deed · related | $1.4M · Independent Bank |
| Jan 19, 2026 | — | 575 West Mitchell Holdings LLC | 575 W Mitchell St LLC | Warranty Deed | $360k · Independent Bank |
| Nov 6, 2024 | — | 575 W Mitchell St LLC | Bay Street Group LLC | Warranty Deed | $333k · Nicolet National Bank |
| Jan 19, 2022 | — | Bay Street Group LLC | — | Deed · related | $1.7M · Huntington National Bank |
| Nov 16, 2021 | $425,000 | Bay Street Group LLC | Smith Wayne R Trust | Warranty Deed | — |
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.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Petoskey
- County
- Emmet
- State
- Michigan
- Longitude
- -84.9704
- Latitude
- 45.3706
