1337 N Mitchell Street Active

Cadillac,MI 49601

$ 1890000

- Bed

- Bath

23725 SqFt


Key Details

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 23,725 sqft

Price per Sqft $79

Subdivision Mi

MLS Listing ID 70434162

Year Built 1970

Annual Tax Amount $15,866

Tax Year 2023

Lot Size 1.780 Acres

Acres 1.78

Lot Dimensions 239 x 350 x 171 x 351

Property 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. The plaza features a two-unit 4900 SF office building along with 123 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

State MI

County Wexford

Area Haring Twp (83009)

Zoning Commercial

Interior

Heating Forced Air

Exterior

Waterfront No

Roof Type Metal

Building

Water Public Water

Structure Type Frame,Metal,Pole,Steel,Wood

Others

Ownership LLC

Energy Description Natural Gas

Financing Cash,Conventional

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