1012, Seneca, Cadillac, MI, 49601
Basics
- Date added: Added 7 hours ago
- Category: Commercial Sale
- Type: Industrial
- Status: Active
- Bathrooms: 1
- Lot size: 1.5 sq ft
- Year built: 1994
- Bathrooms Full: 1
- Lot Size Acres: 1.5 acres
- Business Type: Other, Auto Service, Professional Service, Distribution, Storage
- County: Wexford
- MLS ID: 26006919
Description
-
Description:
Introducing an exceptional industrial opportunity - This 2,104 SF building, zoned Light Industrial, is a prime investment for industrial, warehouse, and distribution purposes. Strategically located in the bustling Cadillac area, this property offers a versatile and adaptable space ideal for a range of industrial activities. With convenient access to key transportation routes, it ensures efficient logistics and connectivity. Whether for storage, manufacturing, or distribution, this property provides a solid foundation for success in the industrial landscape. Don't miss this chance to secure a valuable asset perfectly positioned to meet the needs of industrial, warehouse, or distribution investors. INVESTMENT HIGHLIGHTS Great investment opportunity for this industrial building leased to local businessowner Tenant is responsible for utilities and property maintenance. Well maintained, heated building. Tenant has been at this location since 2023 and lease runs through October 2029. (More.. Strategic location between M-115 and US-131 Cap Rate: 10.42% Total Income: $21,600 NOI: $18,234
Show all description
Location
- Directions: Mitchell St to Pine St, head west continue past Lake St, road becomes. Chestnut St, turn right onto Leeson Avenue, turn left onto Wright St, turn right onto Seneca - follow to the end
Building Details
- Building Area Total: 2104 sq ft
- Number Of Units Total: 1
- Construction Materials: Metal Siding
- Heating: Space Heater
- Roof: Metal
- Foundation Details: Slab
- Number Of Buildings: 1
Amenities & Features
- Inclusions: Non-Applicable
- Utilities: Phone Available, Cable Available, Natural Gas Connected, Electricity Connected
- Interior Features: Broadband
Fees & Taxes
- Tax Assessed Value: $48,972
- Tax Year: 2025
- Tax Annual Amount: $2,991
School Information
- High School District: Cadillac
Miscellaneous
- Road Surface Type: Paved
- CrossStreet: Wright St
- Listing Terms: Conventional, Cash
- Tenant Pays: Electric, Gas, Sewer, Trash, Water
