423 N Mitchell

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30659402
Property Subtypes: Mixed Use
Status: Pending/Contingent
Building Size (RSF): 14,048 SF
Gross Building Area: See Agent
Gross Land Area: 0.31 Acres
Sale Price: $375,000
Unit Price: $26.69 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/8/2021

Overview / Comments

Mutli-use building on a great corner lot in Downtown Cadillac. Over 7000 sq ft on main floor, 7000 sq ft on second level with over 4000 sq ft of that being finished into office space. There is also 4000 sq ft of full, tall basement with a conveyor system in place for moving inventory. The building was built as a parts store, but could be used for a multitude of things. The street was completely re-constructed recently, allowing for new parking on the side of the building, and a large lot directly behind the building. There is an additional 100' x 100' lot across that street that be purchased for an with the building for an extra $20,000

Attachments & Media

Additional Details

Nearest MSA: Cadillac
County: Wexford
Tax ID/APN: 10-086-00-055-00
Retail Clientele: General, Business
Property Visibility: Excellent
Site Description: Corner Lot
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 7,000 SF
Year Built: 1977
Roof Type: Flat
Construction/Siding: Block, Brick
Parking Type: Surface
Parking Description: Parking lot and street parking
Heat Type: Natural Gas
Heat Source: Ceiling Units
Zoning Description: Commercial
Lot Frontage: 54
Lot Depth: 247
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Private Owner
Legal Description: Long Legal on File

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,616 13,600 16,440
Median Age: 34.99 39.63 40.2
Households: 2,203 5,415 6,678
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