Bought with Jeff A Wellman • North Harbor Real Estate, LLC
$1,970,000
$2,250,000
12.4%For more information regarding the value of a property, please contact us for a free consultation.
1890 US-131 Petoskey, MI 49770
13,256 SqFt
Key Details
Sold Price $1,970,000
Property Type Commercial
Sub Type Income
Listing Status Sold
Purchase Type For Sale
Square Footage 13,256 sqft
Price per Sqft $148
Subdivision Mi
MLS Listing ID 1896722
Sold Date 06/30/22
Year Built 2000
Lot Size 10,890 Sqft
Acres 0.25
Property Sub-Type Income
Property Description
13,256 sq' medical office building in Petoskey Michigan. Fully leased with premium tenants. Prime high traffic location on US 131 HWY with great visibility. Excellent condition. Tenants pay utilities. 8.5 percent Cap Rate.
Location
State MI
County Emmet
Zoning Commercial
Rooms
Basement Finished Rooms, Full, Full Finished, Walkout
Interior
Heating Forced Air
Cooling Forced Air
Exterior
Exterior Feature Vinyl
Roof Type Asphalt
Present Use Medical/Dental
Road Frontage Blacktop, Public Maintained, Shared
Building
Sewer Municipal
Water Municipal Water
Others
Tax ID 01-19-07-380-101
Ownership Private Owner
Acceptable Financing Cash, Conventional Mortgage
Listing Terms Cash, Conventional Mortgage
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP