Active For Sale Office

422 E Mitchell St

422 E Mitchell St, Petoskey, MI, 49770

ID f18dade3

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
State
MI
Zip Code
49770
Primary Uses
Office
Zoning
B-2
Zoning Description
Central Business District