319 W Mitchell Street, Petoskey, MI 49770
- $365,000
- 3,850
- SqFt
- List Price
- $365,000
- Status
- ACTIVE
- MLS#
- 476298
- Sq. Ft
- 3,850
- Year Built
- 1900
Property Description
Located in the heart of Petoskey, this mixed-use property offers a rare investment opportunity just steps from downtown shopping, restaurants, waterfront parks, and McLaren Hospital. The property includes a duplex and 3 commercial spaces. The duplex has two 2-bedroom, 1-bath apartments with a year-round water view from the upper unit. Zoning allows the upper unit to be used as a vacation rental, which adds to the property’s versatility and potential. The Three commercial spaces provide excellent visibility and exposure along a high-traffic road, ideal for retail, office, or service-based businesses. With flexible zoning, strong income potential, and an unbeatable location in one of Northern Michigan’s most vibrant communities, this property is perfect for investors or owner-occupants looking to capitalize on Petoskey’s thriving downtown atmosphere.
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Additional Information
- Waterfront
- Neither
- Water View
- Yes
- Lake
- Michigan
- Construction
- Wood Frame
- Roof
- Asphalt Shingles
- Features
- Cable, Range, Refrigerator
- Basement
- Partial
- School District
- Petoskey
- Heating
- Natural Gas, Forced Air
- Water
- City
- Sewer
- City
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Listing courtesy of Amanda Conklin from Real Estate One. amanda@reopetoskey.com
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