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515 W Mitchell St
Petoskey, MI 49770
Retail Property For Sale
Investment Highlights
- Some of the highest average annual daily traffic at over 27,000 vehicles.
- Being across from the hospital there are not shortage of businesses that would benefit from the location.
- Price is based on market value without factoring in the medical marijuana industry which has overly inflated the prices of other commercial buildings.
- Primely located and visible to vehicles.
- Traffic converges from Boyne City, Charlevoix, Petoskey, Harbor Springs, and other large towns.
Property Facts
Property Type
Retail
Property Subtype
Building Size
5,814 SF
Building Class
C
Year Built
1970
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.27
Lot Size
0.50 AC
Zoning
Commercial B-3 - COP B-3
Parking
15 Spaces (2.58 Spaces per 1,000 SF Leased)
Frontage
Amenities
- 24 Hour Access
- Banking
- Conferencing Facility
- Freeway Visibility
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Balcony
- Smoke Detector
Property Taxes
| Parcel Numbers | Improvements Assessment | $546,200 | |
| Land Assessment | $0 | Total Assessment | $546,200 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$546,200
Total Assessment
$546,200
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