1012 Seneca Cadillac, MI $ 175,000
1012 Seneca
$ 175,000
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1012 Seneca

Cadillac, MI, 49601
$ 175,000
Bedrooms-- Baths-- Sq 2,104

Monthly Estimate*

$ 1,092

1012 Seneca, Cadillac, MI 49601 - Image 1
1012 Seneca, Cadillac, MI 49601 - Image 2
1012 Seneca, Cadillac, MI 49601 - Image 3
1012 Seneca, Cadillac, MI 49601 - Image 4
1012 Seneca, Cadillac, MI 49601 - Image 5

Commercial Property for sale in Cadillac, MI

for $175,000. This 2,104 square foot building was built in 1994 on a lot size of 1.5.

Introducing an exceptional industrial opportunity - This 2,104 SF building, zoned Light Industrial, is a prime investment for industrial, warehouse, and distribution purposes. Strategically located in the bustling Cadillac area, this property offers a versatile and adaptable space ideal for a range of industrial activities. With convenient access to key transportation routes, it ensures efficient logistics and connectivity. Whether for storage, manufacturing, or distribution, this property provides a solid foundation for success in the industrial landscape. Don't miss this chance to secure a valuable asset perfectly positioned to meet the needs of industrial, warehouse, or distribution investors. INVESTMENT HIGHLIGHTS Great investment opportunity for this industrial building leased to local business owner Tenant is responsible for utilities and property maintenance Well maintained, heated building Tenant has been at this location since 2023 and lease runs through October 2029 Strategic location between M-115 and US-131 Cap Rate: 10.42% Total Income: $21,600 NOI: $18,234

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Commercial Active

Price

$ 175,000

Property Type

Commercial

Taxes

$ 1,803

Style

Commercial/Industrial

Lot Size

1.5

Year Built

1994

Town/City

Cadillac

County/Region

Wexford

MLS | Web ID

80056361

Features
General
Heating Space Heater
Possession Long Term Tenant
Roof Metal
Water Public Water
Status Active Active
Year Built 1994
Subdivision None MI
County Wexford
Class COM/IND/BUS OPP
Type Commercial/Industrial
Business Name N/A
Ownership Corporation
Municipality Cadillac
Section 32
Zoning Industrial
Sale/Rent For Sale
Status Detail 0
Commercial Features ADA Accessible Bath Other Overhead Doors
Area Cadillac (83019)
Primary City Cadillac
Directions Mitchell St to Pine St head west continue past Lake St road becomes. Chestnut St turn right onto Leeson Avenue turn left onto Wright St turn right onto Seneca - follow to the end
City Cadillac
Financial Terms Cash Commercial Loan
Legal Description THAT PART OF NW 1/4 LYING S OF ANN ARBOR RR
DOM 227
Postal Code 49601
Price Per Sq Ft Total AG 83.17
Public Remarks Introducing an exceptional industrial opportunity - This 2 104 SF building zoned Light Industrial is a prime investment for industrial warehouse
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Exterior
Exterior Other
Lot Size Area 1.5
Lot Dimensions Irregular
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Interior
Ceiling Height Less than 16 Ft.
Fuel Type Natural Gas
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* Excluded Features
List By
Daniella Bell

Listing Agent

Coldwell Banker Schmidt-Cadillac

Broker

daniella.bell@cbgreatlakes.com

Email

Affordability Calculator

$1,242
Per Month
88%
12%
0%
Monthly Principal & Interest
$1,092
Monthly Property Taxes
$150
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/30/2025$175,000 Listed Price

Map


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1012 Seneca, Cadillac, MI, 49601 is a Commercial Property for sale at $175,000 with 2,104 sqft and a lot size of 1.5. 1012 Seneca was built in 1994. The property's zip code is 49601 which is in Cadillac, MI