1508 N Mitchell Street Cadillac, MI ^$ 3,100,000

1508 N Mitchell Street

^$ 3,100,000

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1508 N Mitchell Street

Cadillac, MI, 49601

^$ 3,100,000

Studio Baths0.0 Sq 47,945

Monthly Estimate*

^$ 21,654

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Studio

Commercial Property for sale in Cadillac, MI

for $3,100,000. This 47,945 square foot building was built in 1980 on a lot size of 8.94.

A singular opportunity to own one of the largest commercial mall spaces in the greater Cadillac area. Nine acres of premium commercial real estate, encompassing one of the most highly trafficked areas in Wexford County. A 14 unit, nearly 50,000 square foot commercial mall is the centerpiece, and with 12 of the 14 units leased out to tenants, this property needs only an anchor store for the 25,000 square foot prior home to JCPenny to be complete package. Call for more information.

Commercial Active

Price

^$ 3,100,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 6,001

Style

Commercial/Industrial

Lot Size

8.94

Year Built

1980

Town/City

Cadillac

County/Region

Wexford

MLS | Web ID

70275188

Features

General

Heating Forced Air

Status Active Active

Year Built 1980

Parking 100+ Spaces

County Wexford

Class COM/IND/BUS OPP

Type Commercial/Industrial

Municipality Haring Twp

Subdivision MI

Commercial Features Cable TV Available Electric Available Gas Available

Area Haring Twp (83009)

Primary City Cadillac

Directions From Big Rapids North on 131 to Cadillac Near Cadillac's busy North end. Corner of Mitchell St. and Bell Ave.

City Cadillac

Street Name Mitchell

Financial Terms Cash Conventional

Legal Description Lengthy on file

DOM 635

Postal Code 49601

Price Per Sq Ft 64.66

Coming Soon A singular opportunity to own one of the largest commercial mall spaces in the greater Cadillac area. Nine acres of premium commercial real estate

Exterior

Exterior Brick Concrete Steel

Frontage 54

Lot Size Area 8.94

Lot Dimensions Irregular

Roads City/County Paved Street

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Joseph McNally

Listing Agent

Re/Max Together

Broker

joemcnallyhomes@gmail.com

Affordability Calculator

$22,155

Per Month

Monthly Principal & Interest: $21,654
Monthly Property Taxes: $500
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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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Nearby

Trends
Schools

Commerical listings in Cadillac, MI

Average List Price ^$442,530

Percent of Sale Price 86%

About Cadillac, MI

10,600 Population

4% Since 2002

^$37,248 Median Income

38.02 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/15/2023	$3,100,000	-5.69%	Price Down
10/9/2022	$3,287,000		Listed Price

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1508 N Mitchell Street, Cadillac, MI, 49601 is a Commercial Property for sale at $3,100,000 with 47,945 sqft and a lot size of 8.94. 1508 N Mitchell Street is a studio with 0.0 baths and was built in 1980. The property's zip code is 49601 which is in Cadillac, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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1508 N Mitchell Street

Commercial Property for sale in Cadillac, MI

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