Anissa Yoder

422 E Mitchell, Petoskey, MI 49770

$725,000
  • 422 E Mitchell, Petoskey, MI 49770 Main Photo

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New to the Market Active
MLS#480422
STATUSActive PROPERTY TYPECommercial - Office SCHOOLPetoskey

Property Description

This beautifully designed office space is currently occupied by a Fortune 500 financial franchise with a solid lease in place. This purchase is right for an investor looking for a solid cap rate return on a monthly basis. This ensures a stable income stream with an inherent peace of mind due to the monthly direct deposit income stream. The building also offers elevator service as well as a front and back stairway entrance. Nestled in a bustling area, this property offers excellent visibility and accessibility, making it an attractive option for businesses and clients alike. With a solid tenant and a thriving local economy, 422 E. Mitchell stands out as a strategic investment for those looking to expand their portfolio with a secure and profitable asset. As well as the fact that this building and all the units are in excellent condition, not always an easy thing to find!

422 E Mitchell | MLS# 480422

This commercial property located at 422 E Mitchell, Petoskey, MI 49770 is currently listed for sale with an asking price of $725,000. E Mitchell is located within the Petoskey school district. Search Petoskey real estate on anissayoder.ikeyrealty.com today.

Property Features

Property Type: Commercial - Office
Heating: Natural Gas

Feature Descriptions

Exterior: Block
Sewer: City
Water: City

Local Schools

School District: Petoskey

Listed By / Shown By

Listed By

Agency Name: Gaslight Group Properties
Agency Phone: 231-347-7300

Shown By

Agent Name: Anissa Yoder
Agent Phone: Cell: (419) 466-7373
Agency Title: Key Realty

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