#201835410, Jim Bell, Listing office: Coldwell Banker Fairbairn Realty
Property details
About 319 W Mitchell St
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.
Highlights
Home typeOther
HeatingNatural Gas, Forced Air
StatusActive
Size3,850 sqft
BasementYes
Year built1900
MLS #476298
Summary
- Appliances: Range, Refrigerator
- Basement: Yes
- Interior: Cable
- Heating: Natural Gas, Forced Air
- List Price: $365,000
- Price/SqFt: $94
- Directions: Located south side of W Mitchell road. Parking on and off of Madison St.
- Year Built: 1900
- Living Area: 3,850 SqFt
- MLS Number: 476298
- Office Name: Real Estate One
- Listing Agent: Amanda Conklin
The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Northern Michigan MLS (NM-MLS). The listings displayed come from various NM-MLS. member offices who have chosen to participate in NM-MLSX IDX, the detailed information The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing about said listings includes the listing office information. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the site hosting broker(s), nor the listing broker or NM-MLS, or this broker shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © 2025 NM-MLS. All rights reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/16/2025, 5:45:26 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $171,000 | $- |
| 2023 | $157,300 | $- |
| 2022 | $148,500 | $- |
| 2021 | $142,000 | $- |
| 2020 | $117,100 | $- |
| 2019 | $106,600 | $- |
| 2018 | $109,100 | $- |
| 2017 | $100,800 | $- |
History based on county public records data.
Nearby schools
9
Lincoln School
Public Magnet KG-5
0.3 mi
•616 Connable Ave
7
Central Elementary School
Public Magnet KG-5
0.5 mi
•410 State St
8
Sheridan School
Public Magnet KG-5
0.9 mi
•1415 Howard St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $51,471. Most Petoskey, MI residents have annual incomes less than $<35k. Most families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
38%
<35k
34%
35k-100k
13%
100k-200k
15%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
49%
Single, No Kids
7%
Single, with Kids
29%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
6%
12-17 yrs old
21%
18-34 yrs old
38%
35-64 yrs old
24%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
PGA/LPGA
Pro Wrestling
Where do the neighbors shop?
Kmart
Stein Mart
Family Dollar
Where do the neighbors go to eat?
Bob Evans
Dominos Pizza
Arbys
What do the neighbors drive?
Buick
Lincoln
Ford
What do the neighbors listen to?
Oldies
News/Talk/Information
New Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 319 W Mitchell St
The listing price of 319 W Mitchell St property is $365,000.
The property 319 W Mitchell St is a house located in Petoskey, Michigan, 49770.
Active Listing: 319 W Mitchell St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 319 W Mitchell St are: Lincoln School (GreatSchools Rating 9/10), Central Elementary School (GreatSchools Rating 7/10), Sheridan School (GreatSchools Rating 8/10), Petoskey Middle School (GreatSchools Rating 7/10), Harbor Springs Middle School (GreatSchools Rating 6/10), Boyne City Middle School (GreatSchools Rating 6/10), Petoskey High School (GreatSchools Rating 8/10), Concord Academy Petoskey (GreatSchools Rating 6/10), Harbor Springs High School (GreatSchools Rating 6/10).
The property at 319 W Mitchell St has 0 bathroom.
The property 319 W Mitchell St is 3,850 SqFt (source: MLS/tax record).
The year of construction for 319 W Mitchell St is 1900.
This home is located at 319 W Mitchell St in Petoskey, MI and zip code 49770. This 3,850 square foot home was built in 1900. Features: 0 bathroom. It has been listed on Rocket Homes since May 2, 2025 and is currently priced at $365,000.
In June 2025, from all listings sold in Petoskey, MI there were more than 10 sold above asking price, over 18 sold below and more than 10 were sold right at the asked price. The number of homes for sale in Petoskey, MI increased by 33.3% between May and June 2025. In June 2025 median list price was $489,000 and the average listing age was 40 days.
From Rocket Homes Real Estate and based on county public records data.