319 W Mitchell Street, Petoskey MI, 49770

Active

319 W Mitchell Street

Petoskey MI, 49770

$375,000

$97.40 per sqft

Active

4 Beds

5 Baths

3,850 sqft

Multi-family

Built in 1900

Fantastic income producing property with 2 residential units and 3 commercial units. Both residential units are 2 bedrooms and 1 bath. Each commercial space has a private bathroom and fronts US Hwy 31 providing great business exposure to public. All units have great bones and are located just 3 blocks from the hospital, 4 blocks from downtown shopping and restaurants, 3 blocks from the famed Little Traverse Wheelway bike path, 3 blocks from waterfront parks and 3 blocks from the Bear River recreational park trails. Zoned B-3 which allows the 2nd floor residential units to be short term vacation rentals adding income potential. Duplex next door at 315 W Mitchell St. is also available for sale by same owner.

473997

MLSⓇ ID

May 31, 2024

Listed

March 6, 2025

Updated

Interior Features

Bedrooms: 4
Total Bathrooms: 5
Appliances: Range, Refrigerator
Fireplace: No
Cooling: No
Heating: Yes
Heating Description: Natural Gas
Basement: Yes

Exterior/Building Features

Roof: Asphalt
Sewer: Public Sewer

School Information

School District: Petoskey

Other Property Details

Area Name: Petoskey City
Days on Market: 279
Garage: No
View: No
County: Emmet
Municipality: Petoskey City
Water Source: Public
Utilities: Cable Available
Zoning: B-3

Listing History

Date	Event	Price
8/26/2024	Price change	$375,000 -8%

Listed by Amanda Conklin with Real Estate One
Listing Contact: cell: 231-690-2278

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