1337, Mitchell, Cadillac, MI, 49601
$1,890,000
- 2 baths
Basics
- Date added: Added 1 month ago
- Category: Commercial Sale
- Type: Retail/Commercial
- Status: Active
- Bathrooms: 2
- Lot size: 1.55 sq ft
- Year built: 1970
- Bathrooms Full: 2
- Lot Size Acres: 1.55 acres
- Business Type: Professional/Office, Storage
- County: Wexford
- MLS ID: 24051719
Description
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Description:
North Mitchell Street Storage and Plaza is ideally situated off of the corner of N Mitchell St (Bus 131) and E 13th St, in the heart of a thriving commercial hub, surrounded by Big Box stores, restaurants, gas stations, and industrial businesses. With a strong track record of long-term tenants spanning over 25 years, this property offers excellent investment potential.
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The plaza features a two-unit 4900 SF office building along with 125 self-storage units of various sizes, consistently maintaining over 90% occupancy.
The City of Cadillac continues to see consistent job growth in recent years. With the population growth over 3% year after year, it is the second most-populated city in the Northern Michigan region, after Traverse City.
Location
- Directions: Mitchell north of downtown just north of 13th.
Building Details
- Building Area Total: 21725 sq ft
- Number Of Units Total: 127
- Construction Materials: Metal Siding
- Sewer: Public Sewer
- Heating: Forced Air
- StoriesTotal: 1
- Building Features: Outdoor Storage
- Roof: Metal
- Foundation Details: Slab
- Number Of Buildings: 2
Amenities & Features
- Inclusions: Real Estate
- Utilities: Cable Available, Natural Gas Connected, Cable Connected, Storm Sewer
- WaterSource: Public
- Cooling: Central Air
Fees & Taxes
- Tax Assessed Value: $314,120
- Tax Year: 2023
- Tax Annual Amount: $15,866
- Operating Expense: $44,802
School Information
- High School District: Cadillac
Miscellaneous
- Road Surface Type: Paved
- CrossStreet: E 13th St and Mitchell
- Listing Terms: Conventional, Cash
- Tenant Pays: Electricity, Gas, Taxes
Ask an Agent About This Home
This Retail/Commercial style property is located in is currently Commercial Sale and has been listed on Tucker Benner Realty - Our Michigan Home. This property is listed at $1,890,000. It has bedrooms, 2 baths bathrooms, and is . The property was built in 1970 year.