United StatesMichiganPetoskey315 W Mitchell Street

315 W Mitchell Street
315 W Mitchell Street Petoskey, Michigan 49770 United States

$295,000
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Residential Duplex with two 2 bedroom and 1 bath units! The upper unit is currently occupied and the lower unit vacant and easy to see. This lot, with ingress and egress from the front and rear, provides frontage on US 31/US 131, which cuts...
4
Bedrooms
2
Full Baths
Commercial
Property type
1900
Year Built
470263
Web Id
470263
MLS ID
Public Schools of Petoskey
School District
19
days ago

About 315 W Mitchell Street

Residential Duplex with two 2 bedroom and 1 bath units! The upper unit is currently occupied and the lower unit vacant and easy to see. This lot, with ingress and egress from the front and rear, provides frontage on US 31/US 131, which cuts through the heart of Petoskey between downtown and McLaren Northern Michigan Hospital. This property is zoned B-3, so vacation rentals may be allowed and don't take converting this to a non-residential application off the table as there are many options with this particular zoning designation. There is off street parking available and this is an easy walk to downtown or the waterfront. This stretch of West Mitchell Street is the gateway through Petoskey and ownership of parcels in this location offer a lot of options for long-term success as an investment. Adjacent parcel is currently another residential duplex, plus 3 commercial spaces, and is available separately for $385,000 (MLS #467373), or buy both and own 7 individual money-making opportunities in the middle of of Petoskey - a growing and dynamic community.

PROPERTY INFORMATION

Basement
Block, Partial
Sewer
City
Water
City
Waterfront
Neither

EXTERIOR

Roofing
Asphalt Shingle

ADDITIONAL INFORMATION

Number of Units
2
This Petoskey Commercial is for Sale at $295,000 and was built in 1900. Has and it's composed from 4 bedrooms, 2 full baths.

 

Listing Courtesy of Gaslight Group Properties
Listing Courtesy of Gaslight Group Properties
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