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Off market
  • $713,100

    215 W Mitchell St, Petoskey, MI 49770

    2beds
    3,350sqft
    SingleFamily
    Built in ----
    6,098 Square Feet Lot
    $713,100 Zestimate®
    $213/sqft
    $2,574 Estimated rent

    Home value

    $713,100

    $642,000 - $799,000

    $2,574/mo

    Zestimate® history
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    Owner options

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    $2,574/mo

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    $2,574/mo

    Rent Zestimate®

    Refinance and save

    $4,357/mo

    Est. payment

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    $4,357/mo

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    What's special

    Happy sun deckGaslight districtDiverse incomeMclaren northern michigan hospitalAmple off-street parkingFenced in dog areaHard wood flooring

    Looking for a diverse income or personal use property? This commercial/residential building in the heart of Petoskey offers a multitude of possibilities and is currently configured as main floor office/studio with a sleek newly renovated second floor condominium. The income potential is vast as you could run your business on the main floor and live above or live above and lease below. The real wild card is the potential to short term lease the upstairs which current zoning may allow with a license. Being newly renovated means this is set to go from the moment you take ownership and the property features: views of Little Traverse Bay from both levels, newer mechanicals/electric service, updated lighting/doors/surfaces, ample off-street parking in the rear, fenced in dog area, second floor bright and happy sun deck, hard wood flooring, and so much more. The potential to generate revenue is strong and the future of Petoskey as a regional hub of commerce is bright. This location between McLaren Northern Michigan Hospital and the Gaslight District is an ideal place to position yourself for the future. Call today to schedule a personal tour.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Gas
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Refrigerator, Washer
    Features
    • Basement: Partial
    Interior area
    • Total interior livable area: 3,350 sqft

    Property

    Lot
    • Size: 6,098 sqft
    Details
    • Parcel number: 521906202025

    Construction

    Type & style
    • Home type: SingleFamily

    Utilities & green energy

    • Sewer: City

    Community & neighborhood

    Location
    • Region: Petoskey

    Other

    Other facts
    • Water Front/Water Access?: Neither
    • FEATURES: Cable, Wood Floors, Range, Refrigerator, Central Air, Dishwasher, Garbage Disposal, Deck, Dryer, Paved Drive, Washer, Cathedral Ceilings, Ceiling Fans, Mini Blinds
    • HEAT: Natural Gas
    • OTHER BUILDINGS: Shed
    • SEWER: City
    • WATER: City
    • BASEMENT: Partial
    • LA1Agent Phone1 CountryId: United States (+1)
    • Realtor.com: Yes
    • Zillow: Yes
    • Type: Residential

    Price history

    DateEventPrice
    5/20/2022Sold$549,000$164/sqft
    Source: Agent Provided Report a problem
    4/23/2022Listed for sale$549,000+152.4%$164/sqft
    Source: Northern Michigan MLS #467963 Report a problem
    12/26/2018Sold$217,517$65/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2021-- $158,600 +24.5%
    2020-- $127,400 +11.6%
    2019-- $114,200 -2.6%
    2018-- $117,200 +9.4%
    2017-- $107,100 +6.4%
    2016-- $100,700 +4.6%
    2015-- $96,300 +3%
    2014-- $93,500 -18.1%
    2011-- $114,200

    Find assessor info on the county website

    Neighborhood: 49770

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Petoskey

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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