7801 S Us-131 Cadillac, MI ^$ 540,000

7801 S Us-131

^$ 540,000

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7801 S Us-131

Cadillac, MI, 49601

^$ 540,000

Studio Baths0.0 Sq 1,236

Monthly Estimate*

^$ 3,772

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Studio

Commercial Property for sale in Cadillac, MI

for $540,000. This 1,236 square foot building was built in 1970 on a lot size of 12.

12 acre parcel of prime development property located on S Business 131 just south of Downtown Cadillac. The location has neighboring properties with the Michigan State Police, MDOT head quarters building, and a medical office park across the street. There are two hotels, a restaurant, retail, and more medical office just to the north. The on/off ramp for US 131 is less than 1/2 mile away. The property is currently zoned residential, but is surrounded by commercial and office/service zoning. Township authorities have indicated zoning change very probable. Currently on the property there is a an 1860 sq ft home that is livable, but the property is being marketed as commercial development property. There is another 8 acres congruent to the south that is available for a total of 20 acres.

Commercial Active

Price

^$ 540,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 2,352

Style

Commercial/Industrial

Lot Size

Year Built

1970

Town/City

Cadillac

County/Region

Wexford

MLS | Web ID

80014751

Features

General

Heating Baseboard Hot Water

Cooling Central A/C

Possession At Close

Roof Asphalt

Water Private Well

Status Active Active

Year Built 1970

Subdivision N/A MI

County Wexford

Class COM/IND/BUS OPP

Type Commercial/Industrial

Business Name N/A

Percent Ownership Private

Municipality Clam Lake Twp

Section 10

Zoning Residential

Area Clam Lake Twp (83005)

Primary City Cadillac

Directions Business 131 just south of Downtown Cadillac. East side of road

City Cadillac

Street Name US-131

Financial Terms Cash Conventional

Legal Description N 462.72 FT OF NW 1/4 OF SW 1/4 OF SW 1/4 & N 1/2 OF NE 1/4 OF SW 1/4 OF SW 1/4. SUB TO US 131 R/W --12.03 A M/L-- CL. SEC. 10 T21N R9W -CAPS- [[ASSESSED W/ 10-3302 & 10-3303 '00

DOM 85

Postal Code 49601

Price Per Sq Ft 436.89

Coming Soon 12 acre parcel of prime development property located on S Business 131 just south of Downtown Cadillac. The location has neighboring properties with the Michigan State Police

Exterior

Exterior Frame

Lot Size Area 12

Lot Dimensions irregular

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Greg Bosscher

Listing Agent

Five Star Real Estate - Shelby St Cadillac

Broker

Greg@gregbosscher.com

Affordability Calculator

$3,968

Per Month

Monthly Principal & Interest: $3,772
Monthly Property Taxes: $196
Monthly Home Insurance: --

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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 ^$462,248

Percent of Sale Price 14%

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
2/16/2024	$540,000		Listed Price

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7801 S Us-131, Cadillac, MI, 49601 is a Commercial Property for sale at $540,000 with 1,236 sqft and a lot size of 12. 7801 S Us-131 is a studio with 0.0 baths and was built in 1970. 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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7801 S Us-131

Commercial Property for sale in Cadillac, MI

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