1414 Kilborn Drive, Petoskey, MI

$549,000

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3

Beds

2

Baths

2,456

Square feet

About 1414 Kilborn Drive

A unique opportunity in Petoskey offering an exceptional combination of residential living, income potential, and commercial flexibility. Situated just outside the city limits and only minutes from downtown Petoskey, 1414 Kilborn Drive offers a three-bedroom, one-and-a-half-bath home along with attached professional office/commercial space, all under one roof. Short-term rentals are allowed, adding yet another option for an owner, investor, or someone looking for a flexible live/work property. The property offers numerous possibilities—live in the residential portion while operating your business next door, lease the commercial space for additional income, utilize the property as a short-term rental, or explore converting additional space back to residential use or creating a duplex-style configuration. Originally constructed as a home, the building provides tremendous flexibility for a variety of future uses, subject to applicable zoning and approvals. Set on a prominent corner at Kilborn Drive and US-131, the property offers excellent visibility and convenient access while backing up to an established residential neighborhood. Enjoy a nice backyard and easy access to shopping, restaurants, medical services, and everyday conveniences, with downtown Petoskey and the waterfront just a short drive away. A versatile property with an uncommon combination of location, residential comfort, commercial potential, and opportunity. Please note: some minor construction would be needed to fully separate and configure the third bedroom and living room from the adjoining commercial space.

Features of 1414 Kilborn Drive

MLS® # 480899
Price $549,000
Bedrooms 3
Bathrooms 2.00
Full Baths 1
Half Baths 1
Square Footage 2,456
Type Residential
Sub-Type Residential
Status Active
Water Front/Water Access Neither

Community Information

Address 1414 Kilborn Drive
City Petoskey
County Emmet
State MI
Zip Code 49770

Amenities

Features Cable, Paved Drive, Range, Refrigerator, Wood Fireplace, Wood Stove, Paved Road
Parking Two
# of Garages 2.0
Garages Garage-Attached
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas, Forced Air, Electric Baseboard, Heat Pump
Has Basement Yes
Basement Block
Fireplace Yes

Exterior

Lot Description 176x162x123x160
Windows Double
Roof Asphalt Shingle
Construction Wood Frame/Site Built

School Information

District Petoskey

Additional Information

Zoning EC R-2
Foreclosure No
Short Sale No

Listing Details

AgentWilliam Winslow
OfficeColdwell Banker Schmidt- Harbor Springs
Contact Infocell: 231-622-5035

Listing Map

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