1337 N Mitchell Street Cadillac, MI $ 1,590,000
1337 N Mitchell Street
$ 1,590,000
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1337 N Mitchell Street

Cadillac, MI, 49601
$ 1,590,000
Bedrooms-- Baths-- Sq 23,725

Monthly Estimate*

$ 9,790

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Commercial Property for sale in Cadillac, MI

for $1,590,000. This 23,725 square foot building was built in 1970 on a lot size of 1.78.

North Mitchell Street Plaza LLC is a wonderful investment opportunity that takes advantage of the very popular and utilized self storage industry with 125 storage units - which includes an office and maintenance room incorporated into two of them - and in addition offers a renovated building with two offices that have wonderful tenants in both spaces who have leased this building for over 25 years. Renovations by the two office tenants have occurred this year by one tenant and within the last four years by the other, and they pay for all the renovations themselves. The total square footage of office and storage buildings comes to approximately 24,000 ft.². It is located on the north end of Cadillac at 1337 North Mitchell St./Main Street and is across from the fairgrounds and close to multiple restaurants, stores, and businesses. This complex has a large paved parking lot and is well lit at night. Updates completed by the owners include 62 smaller storage units added inside the large storage building on the south end of the complex in 2020, new overhead doors on 8 units in 2022, as well as updates to one bathroom in 2025. The size of the storage units vary and range from 5'x10' to one large unit that measures 30'x40' with multiple sizes in between. Cadillac is a continuously growing and sought after area in northern Michigan making this a prime location to expand your investments. Come and check out the potential of this money-making venture.

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Commercial Active

Price

$ 1,590,000

Property Type

Commercial

Taxes

$ 16,582

Style

Lot Size

1.78

Year Built

1970

Town/City

Cadillac

County/Region

Wexford

MLS | Web ID

1936192

Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas
Possession Close Of Escrow
Roof Asphalt Metal
Security Features Fire Sprinkler System
Construction Materials Steel Siding Other Frame Vinyl Siding Steel
Year Built 1970
Township Haring
Property Subtype Mixed Use
Business Type Education/School Professional/Office Professional Service Other Storage
Accessibility Accessible Doors Main Floor Access Accessible Entrance Accessible Approach with Ramp Grip-Accessible Features
Assoc Fee Paid Per Annually
Business Name N Mitchell St Plaza LLC
County Wexford
New Construction N
Property Type Commercial Sale
Attached Garage N
Energy Efficient Not Applicable
Subdivision Name None
Garage Y/N N
Green Water Conservation Not Applicable
Other Structures Additional Buildings
Rent Includes Building Insurance Exterior Maintenance Trash Collection Gardener Snow Plowing Heating/Cooling Other
Status Active
Directions Just north of 13th St. on N Mitchell St. on the west side of the road across from the fairgrounds.
City Cadillac
Zoning Description Commercial
Lot Size Units Acres
Lot Size Square Feet 77536.8
Carport Y/N N
Tax Annual Amount 16582.26
Home Warranty Y/N N
Lease Renewal Y/N Y
Lease Considered Y/N N
Living Area Units Square Feet
Standard Status Active
Tax Assessed Value 357052
Virtual Tour https://vimeo.com/1099808451/e5e2bc4dc9?share=copy
Ownership Type Private Owner
Lease Amount Frequency Annually
Legal Description LOTS 6 7 8 9 10 11 12 BLK. 1 TOG WITH VACATED ALLEY PLAT OF SMITH'S ADDITION HAR. SEC. 28 T22N R9W -CAPS- SPLIT/COMBINED ON 11/13/2017 FROM 2209-SA0105; 2209-SA0101
Year Built Effective 2025
Freehold IDX
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Exterior
Parking Features Paved Parking Lot
Lot Features Office Center Freestanding
Water Source Public
Lot Size Area 1.78
Foundation Details Poured Concrete Slab
Spa N
Lot Dimensions 350x201x352x238
Lot Size Acres 1.78
Road Surface Type Asphalt
Other Parking Paved Parking Lot
Waterfront Y/N N
Door Features Overhead Door(s)
Road Responsibility Public Maintained Road
Horse Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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* Excluded Features
List By
City2shore Real Estate Northern Michigan

Broker

(231) 590-6160

Phone

Affordability Calculator

$11,172
Per Month
88%
12%
0%
Monthly Principal & Interest
$9,790
Monthly Property Taxes
$1,382
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
2034270 Elementary School
2034440 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/22/2025$1,590,000 -3.58% Price Down
7/10/2025$1,649,000 Listed Price

Map


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1337 N Mitchell Street, Cadillac, MI, 49601 is a Commercial Property for sale at $1,590,000 with 23,725 sqft and a lot size of 1.78. 1337 N Mitchell Street was built in 1970. The property's zip code is 49601 which is in Cadillac, MI