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$1,890,000
Est. payment /mo
23,725 SqFt
Active
1337 N Mitchell Street Cadillac, MI 49601
UPDATED:
10/09/2024 07:44 PM
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
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Keller Williams GR North