Historic Building Downtown Cadillac

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30679487
Property Subtypes: Free-Standing Building
Status: Pending
Building Size (RSF): 9,425 SF
Gross Building Area: See Agent
Gross Land Area: 0.17 Acres
Sale Price: $139,000
Unit Price: $14.75 PSF
Ceiling: 12 ft.
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/18/2021

Overview / Comments

Historic building on a high visibility corner lot in Downtown Cadillac! The main floor front portion of the building has 2 entrances and could be used as 2 separate units, or combined for 3500 sq ft of retail or office space. The back one story portion has a small storage garage and 2400 sq ft of space. The second story at one point in time was residential. The boiler has been recently replaced. The building is being sold as is, and will need immediate roof repairs. Come be a part of everything going on in Downtown Cadillac!

Additional Details

Nearest MSA: Cadillac
County: Wexford
Tax ID/APN: 10-086-00-041-00
Zoning: COMMERCIAL
Retail Clientele: General, Family, Business, Tourist
Property Visibility: Excellent
Site Description: Corner Lot
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 6,000 SF
Property Condition: Fair
Year Built: 1910
Year Renovated: 1978
Roof Type: Other
Construction/Siding: Block, Brick
Parking Type: Other
Parking Description: Street Parking
Heat Type: Natural Gas, Hot Water
Heat Source: Baseboard
Internet Access: Cable
Water Service: Municipal
Sewer Type: Municipal
Legal Description: LOT 1, BLK E MITCHELLS REVISED PLAT OF THE VILLAGE OF CLAM LAKE CITY OF CADILLAC

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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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