Petoskey - MLS# 479598

Prime Live-Work or Income Opportunity with Sweeping Bay Views Discover a rare real estate gem in an exceptional, high-visibility location—situated just steps from McLaren Hospital and right next door to the beloved Johan's Bakery. Zoned B3, this versatile property perfectly blends premium residential living with a stable, turnkey commercial investment. The Residential Highlights: Luxury & Versatility The residential component of this property features two stunning, extensively upgraded 1-bedroom, 1-bathroom apartments that offer incredible flexibility for an owner-occupant or savvy investor: The Upper Unit: Features breathtaking, sweeping views of the bay directly from the living room, kitchen, and private deck. Perfect as a luxury primary residence or a high-end rental. The Main Level Unit: Currently owner-occupied and impeccably maintained, this space has a proven, successful history as both a short-term and long-term rental. Bonus Amenity: Includes a coveted one-stall detached garage. The Commercial Component: Built-In Stability Turnkey Office Space: Features a professional layout with one restroom; with a reliable, long-term lease already in place, providing immediate, steady cash flow to anchor your investment. Excellent Track Record: The entire property boasts a fantastic rental history and sits in a highly sought-after corridor. Please allow up to 24 hours for showing requests. Showings for the office shal be limited to office hours, Monday through Fridays from 9-4.