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$365,000
3,850
square ft

319 W Mitchell Street
Petoskey, Michigan 49770

Active / MLS #476298 / Multiple Family / Petoskey
Listing information updated 10/30/2025 at 1:23pm
Located in the heart of Petoskey, this mixed-use property offers a rare investment opportunity just steps from downtown shopping, restaurants, waterfront parks, and McLaren Hospital. The property includes a duplex and 3 commercial spaces. The duplex has two 2-bedroom, 1-bath apartments with a year-round water view from the upper unit. Zoning allows the upper unit to be used as a vacation rental, which adds to the property's versatility and potential. The Three commercial spaces provide excellent visibility and exposure along a high-traffic road, ideal for retail, office, or service-based businesses. With flexible zoning, strong income potential, and an unbeatable location in one of Northern Michigan's most vibrant communities, this property is perfect for investors or owner-occupants looking to capitalize on Petoskey's thriving downtown atmosphere. The property next door is also for sale by the same owner, and includes another duplex.
Basement:
Partial
Water Front:
No
Square Feet:
3,850
Built:
1900
Zoning:
B-3
Additional Information:
amanda@reopetoskey.com
Building Square Feet:
3,850
Unit 1:
5 room(s) / 2 bed(s) / 1 bath(s)
Unit 2:
5 room(s) / 2 bed(s) / 1 bath(s)
Unit 3:
2 room(s) / 0 bed(s) / 1 bath(s)
Unit 4:
4 room(s) / 0 bed(s) / 1 bath(s)
Unit 5:
3 room(s) / 0 bed(s) / 1 bath(s)
Tax Amount:
N/A
Tax Year:
N/A
Zip Code:
49770
City:
Petoskey
County:
Emmet

Listing Agent: Amanda Conklin

Listing Office: Real Estate One

Agent Contact Information: amanda@reopetoskey.com

Disclaimer: IDX information provided by NM-MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.

Petoskey

Petoskey, MI

Petoskey, Michigan, is a picturesque resort town renowned for its natural beauty and small-town charm. The city is defined by its stunning waterfront, sandy beaches, and the iconic Petoskey stone. Downtown beckons with its Victorian architecture, shops, and welcoming atmosphere. Residents and visito...
$614,897
Average Sale Price
18
Average Days On The Market
98%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 319 W Mitchell Street, Petoskey, MI 49770

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319 W Mitchell Street, Petoskey, MI 49770 is a multiple family currently listed at $365,000. This multiple family has been listed on @properties REMI Christie's International Real Estate since May 3rd, 2025 and was built in 1900.