403 Madison Street Petoskey, MI ^$ 449,900

403 Madison Street

^$ 449,900

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Recently Listed

403 Madison Street

Petoskey, MI, 49770

^$ 449,900

Studio Baths0.0 Sq 3,900

Monthly Estimate*

^$ 3,143

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Studio

Commercial Property for sale in Petoskey, MI

for $449,900. This 3,900 square foot building was built in 1960 on a lot size of 0.32.

Endless possibilities for this Commercial Zoned (RM-2) building with over 3800 sq feet finished area. Currently used as a Church, Dining Hall with full Kitchen, three bathrooms and plenty of office, classroom space in the lower level. Just one block off of US 31 in the City of Petoskey. Plenty of parking available in your own parking lot and street parking available out front.

Commercial Active

Price

^$ 449,900

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Commercial/Industrial

Lot Size

0.32

Year Built

1960

Town/City

Petoskey

County/Region

Emmet

MLS | Web ID

80017182

Features

General

Heating Hot Water

Possession Within 30 Days

Roof Asphalt

Water Public Water

Status Active Active

Year Built 1960

Parking Parking Lot

Subdivision City of Petoskey MI

County Emmet

Class COM/IND/BUS OPP

Type Commercial/Industrial

Business Name Word of Life

Percent Ownership Private

Municipality Petoskey

Section 6

Zoning Commercial

Commercial Features Bath Other

Area Petoskey (24027)

Primary City Petoskey

Location Corner Lot

Directions US 31 to Ingels Street church on corner parking lot in rear of building.

City Petoskey

Street Name Madison

Financial Terms Cash Commercial Loan

Legal Description EMMET CITY LOTS 1 & 2 BLK 7. SECTION6 T34N R5W.

DOM 15

Postal Code 49770

Price Per Sq Ft 115.36

Coming Soon Endless possibilities for this Commercial Zoned (RM-2) building with over 3800 sq feet finished area. Currently used as a Church Dining Hall with full Kitchen three bathrooms and plenty of office

Exterior

Exterior Frame Vinyl Siding

Lot Size Area 0.32

Lot Dimensions 100 x 140 Approx

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Mark Knapp

Listing Agent

Coldwell Banker Schmidt-Charlx

Broker

mark.knapp@cbgreatlakes.com

Affordability Calculator

$3,143

Per Month

Monthly Principal & Interest: $3,143
Monthly Property Taxes: --
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Petoskey, MI

Average List Price ^$185,114

Percent of Sale Price 59%

About Petoskey, MI

5,638 Population

0% Since 2002

^$40,542 Median Income

38.81 Median Age

19% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/3/2024	$449,900		Listed Price

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403 Madison Street, Petoskey, MI, 49770 is a Commercial Property for sale at $449,900 with 3,900 sqft and a lot size of 0.32. 403 Madison Street is a studio with 0.0 baths and was built in 1960. The property's zip code is 49770 which is in Petoskey, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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403 Madison Street

Commercial Property for sale in Petoskey, MI

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