ID f18dade3
422 E Mitchell St
For Sale
$725,000$318.12/SF
- Building Size
- 2,279 SF
- Lot Size
- 0.0086 ac
- County
- Emmet
- DOM
- 55
- Listed
- 08/25/2026
- Updated
- 08/25/2026
Overview
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!
Additional Information
- City
- Petoskey
- County
- Emmet
- State
- MI
- Zip Code
- 49770
- Latitude
- 45.373699
- Longitude
- -84.9544286
- Zoning
- B-2
- Zoning Desc.
- Central Business District
- Parcel APN
- 52-19-05-154-104
- Listing ID
- f18dade3
- City
- Petoskey
- County
- Emmet
- State
- MI
- Zip Code
- 49770
- Latitude
- 45.373699
- Longitude
- -84.9544286
- Zoning
- B-2
- Zoning Desc.
- Central Business District
- Parcel APN
- 52-19-05-154-104
- Listing ID
- f18dade3
