1337 N Mitchell Street Active

Cadillac,MI 49601

$ 1890000

- Bed

2 Baths

23725 SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 23,725 sqft

Price per Sqft $79

Municipality Haring Twp

MLS Listing ID 24051719

Full Baths 2

Year Built 1970

Annual Tax Amount $15,866

Tax Year 2023

Lot Size 1.776 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 West Central - W

Direction Mitchell north of downtown just north of 13th.

Interior

Heating Forced Air

Cooling Central Air

Inclusions Real Estate

Exterior

Utilities Available Cable Available,Natural Gas Connected,Cable Connected,Storm Sewer

Waterfront No

View Y/N No

Roof Type Metal

Street Surface Paved

Building

Building Description Metal Siding, Outdoor Storage

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Metal Siding

New Construction No

Schools

School District Cadillac

Others

Tax ID 2209-SA0105-01

Ownership LLC

Acceptable Financing Conventional,Cash

Listing Terms Conventional,Cash

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