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!
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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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.