514 N Mitchell Cadillac, MI $ 150,000
514 N Mitchell
$ 150,000
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514 N Mitchell

Cadillac, MI, 49601
$ 150,000
Baths0.0 Sq 3,720

Monthly Estimate*

$ 1,048

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Studio

Commercial Property for sale in Cadillac, MI

for $150,000. This 3,720 square foot building was built in 1912 on a lot size of 0.09.

A rare opportunity to own a piece of historic downtown Cadillac. As you travel down Mitchell Street the natural brick facade draws the eye. Inside, this multi-use building features over 5.600 sq. feet of commercial space. The main level would work perfectly for a brewpub or neighborhood bar/eatery (liquor license not included). Some tables, chairs, barstools, etc. are included in the sale. Character features such as: exposed duct work, tall ceiling's and crown molding make the possibilities endless. Downstairs you'll find ample storage space, the beer cooler, an office and a kitchen that could be used as a prep area if you wanted to serve food. Upstairs features two residential units which have private entrances and offer the potential to live onsite or produce income. New plumbing, new on demand water heater, new furnace and AC unit and many other updates. Owner financing available.

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Commercial Active

Price

$ 150,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Mixed Use

Lot Size

0.09

Year Built

1912

Town/City

Cadillac

County/Region

Wexford

MLS | Web ID

1915368

Features
General
Roof Membrane
Zoning Commercial
Sewer Municipal
Construction Brick Frame
Energy Efficient Not Applicable
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Interior
Basement Full Finished Rooms Unfinished Entrance Inside
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Exterior
Exterior Features Brick Block
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* Excluded Features
List By
City2shore Real Estate Northern Michigan

Broker

(231) 920-6617

Phone

Affordability Calculator

$1,048
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,048
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
2034270 Elementary School
2034440 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/8/2024$150,000 -14.24% Price Down
9/6/2023$174,900 Listed Price

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514 N Mitchell, Cadillac, MI, 49601 is a Commercial Property for sale at $150,000 with 3,720 sqft and a lot size of 0.09. 514 N Mitchell is a studio with 0.0 baths and was built in 1912. The property's zip code is 49601 which is in Cadillac, MI