Listed by Real Estate One (cell: 231-838-4200)
Fantastic opportunity to own a mixed-use income producing property in the city limits of Petoskey. The property consists of a commercial store front, and 4 residential rental units. The commercial space is currently occupied by the owner and is 2350 square feet. The space would be ideal for any contractor type business. The residential units consist of a duplex with a 3-bedroom apartment and a studio apartment as well as a separate 28X40 garage. The next unit is a newly remodeled 1-bedroom unit above a 2-car garage. The last unit is a free standing 4-bedroom home with new roof. All units are fully occupied with long term tenants that would like to continue renting. See listing agent for further details.

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Property Details of 425 & 431 Madison Street

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"Based on information submitted to Northern Michigan MLS as of December 4, 2024 4:14 AM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

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