Petoskey  »  49770

560 West Mitchell Street, Petoskey, MI 49770

Petoskey
Building in 49770
Nearby Active Listings
Welcome to 560 West Mitchell Street, a building located in Petoskey in Petoskey, MI. As a quick overview, these are the most up-to-date information we've collected about the property. The market value for the land that the building sits on has been listed at $35,687,000. In total, the total market value of the property as a whole is $35,687,000. According to local assessors, the total value of the building is currently valued at $17,843,500. Specifically, the value of the land that the property sits on has been assessed at $17,843,500. The building was last assessed in 2023.

Here's what we know about the features and amenities in this building. While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead. We are not sure what system the building uses for cooling. Sadly, informaton related to the heating system was not disclosed. There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Facts
General
Bedroom Count
0
Building Condition
unknown
Building Quality
unknown
Construction Type
unknown
Building Style
unknown
Exterior Walls Type
unknown
Interior Walls Type
unknown
Roof Shape Type
unknown
Roof Cover Type
unknown
Business/Commerical Units Count
432
Floor Cover
unknown
Basement Type
unknown
Basement Area
0
Garage Type
unknown
Parking Space Count
0
Patio Type
unknown
Porch Type
unknown
Pool Type
unknown
Unit Count
Building Floor Area
Floor Area Ratios
Building
Building Type
Fireproof structural steel frames/Non-combustible materials
Property Class
Commercial
Standard Land Use Code
Commercial building
County Land Use Code
unknown
Legal Description 1
BUILDING ON LEASED LAND:PT BLK 7, WEST PARK ADDITION TO THE VILLAGE OF PETOSKEY & PT OF GOVT LOTS 3 &4, SECTION 6, COM
Ownership
Current Owner's Name
DOC-560 W MITCHELL ST MOB LLC
Current Owner 2's Name
ALTUS GROUP
Owner Address - City
SOUTHLAKE
Owner Address - State
TX
Owner Address - ZIP Code
76092
Second Owner Is a Corporation
Yes
Ownership Rights Codes
Company/Corporation
Current Owner Is a Corporation Indicator
Yes
Neighborhood
School District Name
Petoskey Public Schools
School Tax School District
PETOSKEY
Census Tract
970800
Census Block Code
1003
Census Group
1
Census Year
2020
Census - County FIPS
26047
Census - Full FIPS
260479708001003
Census - Place FIPS
2663820
Census Source
US Census Bureau
Census State FIPS
26
Census Tract Code
970800
School District - Unified - Grade High
12
School District - Unified - Grade Low
KG
School District - Unified - LEA Code
2627930
School District - Unified - Name
Public Schools of Petoskey
Zoning
Geography
District
52
Section
6
Parcel
52-19-06-199-001
Block
7
Lot
3-4
Lot Code
unknown
Municipality
CITY OF PETOSKEY
Latitude
45.3721
Longitude
-84.9715
FIPS
26047
Mailing Carrier Code
B002
Mailing Full Street Address
PO BOX 92129
Mailing Street
PO BOX 92129
Mailing 4-Digit Zip Code
0102
Geo Status Code
Prior to setting the GEOsource field the default value was 'P'.
Valuation
Timestamp
2023-07-12 00:48:31
UCID Flag
C
More About The Building
Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 560 West Mitchell Street is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the 49770 area have a median price of $525. Those in the 25th percentile, have a price around $498. While those in the 75th percentile, have a price around $538. Typically, the buildings in this area have a median sqft of 634. That means that the median price per sqft is around $1. In other words, the price per sqft for buildings in the 25th percentile is $1. While the price per sqft for buildings in the 75th percentile is $1. As a breakdown, we've included the following stats:

  • There are currently no studio listings being advertised in the area.
  • There are currently a total of 2 one bedroom listings. The median price for these types of listings is $498. That's $0.84 price per sqft.

  • There is currently a single advertised two bedroom listing.
  • There are currently no three bedroom listings being advertised in the area.
  • There are currently no four bedroom listings being advertised in the area.
About The Area
560 West Mitchell Street is located in 49770. There are 17,148 people living here. There are 7,322 households. Most of these households have an average family size of 2.83 people. According to the census, 32% are currently renting while 68% own their homes. The median age of this population is around 42 years old. On average, most folks in the zipcode are unmarried. About 2% of folks speak a language other than English in this area. The area's employment rate is currently around 60.4%. Speaking of employment, the median income is $51,687. Most folks will commute by car for around 15.9 minutes. Finally, we know that 24% of residents in the area have graduated with their high school degree. Additionally, 23% and 13% have their Bachelor's and Master's degree, respectfully.

Moving on to the county level. Emmet County, Michigan has a population of 33,091 people. Based on census records, there are 14,144 registered households. Families in this area are on average made up of 2.8 people per household. Most folks are married. They are also typically around 44.8 years old. Does diversity matter to you? Right now, 3% of folks speak a language other than English here. About 25% rent while 75% purchased their homes. Right now, the community is made up of 26% of residents who have graduated with at least a high school degree. On top of that, 21% have a Bachelor's degree and 12% have a Master's degree. The employment rate is currently around 58.3%. Those employed, have a median income of $51,096. If you move here, you can expect to commute mostly by car for around 19.5 minutes.

-
Studio Median Rent
$498
1BR Median Rent
-
2BR Median Rent
-
3BR Median Rent

Nearby Schools

(within attendance boundary)
Lincoln School  •  0.12 mi
616 Connable Ave, Petoskey, MI 49770
Public  •  Elementary  •  Grades KG to 5
Public Schools Of Petoskey
Petoskey Middle School  •  1.9 mi
801 Northmen Dr, Petoskey, MI 49770
Public  •  Middle School  •  Grades 6 to 8
Public Schools Of Petoskey
Petoskey High School  •  1.64 mi
1500 Hill St, Petoskey, MI 49770
Public  •  High School  •  Grades 9 to 12
Public Schools Of Petoskey
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
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