422 E Mitchell, Petoskey, MI, 49770
422 E Mitchell, Petoskey, MI, 49770Basics
- Date added: Added 1 month ago
- Category: For sale
- Type: Commercial/Industrial
- Status: Active
- Bedrooms: 0
- Bathrooms: 0
- Total Sq. Ft.: 2279 sq ft
- # of Restrooms: 1
- Listing Office 1: 171
- MLS ID: 480422
Description
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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!
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Location
Building Details
- Section: 5
- Windows: Thermo
- Sewer: City
- Water: City
- Mult-Un. Res. Condo (Y/N): y
- Construction: Block
Amenities & Features
- Heat: Natural Gas
- Water heater: Natural Gas
- Utilities: Electricity
- Features: