434 E Mitchell Street, Petoskey, MI


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Square feet

About 434 E Mitchell Street

With nearly 15,000 square feet of usable floor space this 1920 landmark in the heart of Downtown Petoskey is bursting with potential and ready for a new visionary to make their mark on Petoskey's downtown. With just under 10,000 square feet above ground, another 5,000 in the partially finished lower level and the most generous zoning designation the City of Petoskey has to offer, this two story classic could be used in many different applications to fill voids still prevalent in a vibrant downtown that is primed to grow. Boutique hotel, corporate headquarters, two 2,400 square foot main floor retail spaces, one large upper level residential quarters, multiple upper level residences or office spaces, roof top deck with panoramic views of Little Traverse Bay... the possibilities are endless. There is a transferable Liquor License included for the right purchaser and the right purchase agreement as well as some fixtures and equipment that could be conveyed. This is a popular block of Petoskey's vibrant downtown with two parking lots and an ally in the rear of the building. The property is in the process of being cleaned out and is ready to be purchased immediately. Call today to schedule a private tour. See video tour and building layouts accessible with this listing for a clearer view of the potential that this grand Mitchell Street fixture has to offer.

Features of 434 E Mitchell Street

MLS® # 470380
Price $1,175,000
Bathrooms 4.00
Half Baths 4
Square Footage 14,787
Acres 0.00
Year Built 1920
Type Commercial/Industrial
Sub-Type Commercial/Industrial

Community Information

Address 434 E Mitchell Street
City Petoskey
County Emmet
State MI
Zip Code 49770


Utilities Underground Utilities
Features Natural Gas, Air-Conditioning, Liquor License
Is Waterfront No


Heating Natural Gas, Forced Air, Boiler
Stories Two
Has Basement Yes
Basement Full, Walk Out, Finished


Construction Wood Frame

School Information

District Petoskey

Additional Information

Date Listed November 30th, -0001
Zoning COP B-2
Foreclosure No
Short Sale No

Listing Details

OfficeGaslight Group Properties

Listing Map

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