501 and 515 W Mitchell Street, Petoskey, MI 49770

$650,000
5,814
SqFt

Property Description

Multiple use options for this four-unit commercial building including using once space while you rent out the others. Located across from McLaren Hospital and right by the US-131 and US-31 intersection, this location boasts over 27,000 average annual daily traffic per day per MDOT. At the time of this writing two spaces are rented and one has been freshly remodeled and painted with an epoxy floor. Units 1 and 2 connect via a lockable door allowing for more space if desired. All leases feature clauses that allow for a buyer to terminate those leases within a short period if desired. Walkable to restaurants, the hospital, pharmacies, and more with a short drive to office supply stores. A two-minute drive to downtown Petoskey. With Petoskey and surrounding communities growing and more and more people choosing to live in the region, take this opportunity to gain a great value during a time where the marijuana industry has other commercial properties overly inflated.

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Listing courtesy of Marshall Dines from RE/MAX LIGHTHOUSE

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