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$499,900
Est. payment /mo
2,958 SqFt
Active
7048 W 38 Road Cadillac, MI 49601 9337
UPDATED:
09/25/2024 05:32 PM
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 2,958 sqft
Price per Sqft $168
Subdivision Mi
MLS Listing ID 60326524
Lot Size 4.200 Acres
Acres 4.2
Lot Dimensions 438x484x485x446
Property Description
Discover the perfect investment opportunity at 7048 W 38 Cadillac, nestled on nearly 5 acres! This property boasts a fully occupied 2 story 6-unit building, 4 units at 825 and 2 units at 750 in monthly rent , alongside a charming 2 story 2-bedroom, 1.5-bath home leased at 1350 plus utilities. The standalone home features a modern kitchen with stainless steel appliances, a spacious dining area, a luxurious primary bedroom with ensuite, convenient first-floor laundry, and an upstairs loft with a second bedroom. With a detached 2-stall garage, an approximate 1.3 acre paved parking lot, and ample space for expansion - whether for additional units, storage facilities, or guest amenities - this property promises versatility. Positioned near several trails, ski resorts, golf courses, and water sports, it's an ideal hub for short-term rental tourism. Financials are available upon signing an NDA. BTVAI
Location
State MI
County Wexford
Area Slagle Twp (83013)
Zoning Commercial
Interior
Heating Forced Air
Exterior
Waterfront No
Building
Foundation Basement
Water Private Well
Structure Type Vinyl Siding
Others
Ownership Private
Energy Description LP/Propane Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by KW Professionals