309 N Mitchell Street Cadillac, MI $ 224,900
309 N Mitchell Street
$ 224,900
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309 N Mitchell Street

Cadillac, MI, 49601
$ 224,900
Bedrooms-- Baths1.0

Monthly Estimate*

$ 1,385

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Commercial Property for sale in Cadillac, MI

for $224,900 with 1 full bath. This building was built in 1918 on a lot size of 0.09.

**For Sale: Thriving Salon Business & Historical Downtown Cadillac Property** Step into ownership of a turnkey business and a piece of Cadillac's rich history with this rare opportunity! Located in the heart of downtown Cadillac, this beautifully updated historical building is home to a well-established salon that has become a community favorite. **Business Highlights** - Diverse Service Offerings: Hairstyling, barbering, nails, massage, makeup, and more - catering to a wide range of client needs. - Experienced Team: Two talented stylists and one licensed barber are eager to remain, ensuring a seamless transition for new ownership. - Room for Growth: With space to expand services or add new amenities, there's untapped potential to increase revenue. - Turnkey Operation: Sale includes the thriving business, updated equipment, and the real estate. **Property Features** - Historic Charm Meets Modern Updates: (See 'More'...) The building blends classic architectural details with modern systems, offering a unique and inviting atmosphere for clients. - Prime Location: Nestled in bustling downtown Cadillac, the property enjoys high foot traffic and visibility. On site parking in the back for employees/stylists, street parking in front and there is a city parking lot nearby as well. - ADA Compliant This salon is more than a business; it's a staple of the community for over 25 years, offering a blend of contemporary salon trends and the timeless art of barbering. Perfect for an owner-operator or investor seeking a profitable, ready-to-go opportunity in a growing area. Don't miss this chance to own a thriving business and an iconic property in downtown Cadillac. Financial statements available.

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Commercial Active

Price

$ 224,900

Full Bath

1

Property Type

Commercial

Taxes

$ 2,749

Style

Business

Lot Size

0.09

Year Built

1918

Town/City

Cadillac

County/Region

Wexford

MLS | Web ID

26011101

Features
Interior
Interior Amenities Broadband
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 1
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General
Heating Forced Air
Cooling Central Air
Utilities Phone Connected Natural Gas Connected Electricity Connected Cable Connected
Possession Close Of Escrow
Construction Materials Wood Siding Brick
Year Built 1918
Township Cadillac City
Property Subtype Business
Tax Year 2025
Ownership Private Owned
Business Type Other Professional/Office Professional Service Restaurant Bar/Tavern/Lounge Retail
Business Name New Image Hair Salon
County Wexford
New Construction N
Property Type Commercial Sale
Full Baths 1
Status Active
Directions Downtown Cadillac on West side of street.
City Cadillac
High School District Cadillac
Zoning Description Commercial
Number Of Units Total 1
Lot Size Units Acres
Lot Size Square Feet 3746.0
Listing Terms Conventional Other Cash
Land Lease Y/N N
Tax Annual Amount 2749.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Owner
Tax Assessed Value 43757
Legal Description S 1/2 LOT 3 BLK E MITCHELLS REVISED PLAT OF THE VILLAGE OF CLAM LAKE CITY OF CADILLAC
Senior Community None
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Exterior
Inclusions Real Estate Furniture Equipment
Lot Size Area 0.09
Foundation Details Permanent
Number of Buildings 1
Spa N
Building Area Total 2050.0
Lot Dimensions 25x150
Lot Size Acres 0.09
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 309
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* Excluded Features
List By
Cb Schmidt - Cadillac

Broker

daniella.bell@cbgreatlakes.com

Email

Affordability Calculator

$1,614
Per Month
86%
14%
0%
Monthly Principal & Interest
$1,385
Monthly Property Taxes
$229
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
251496 Elementary School
248905 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/21/2026$224,900 Listed Price

Map


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309 N Mitchell Street, Cadillac, MI, 49601 is a Commercial Property for sale at $224,900 with a lot size of 0.09. 309 N Mitchell Street has 1.0 baths and was built in 1918. The property's zip code is 49601 which is in Cadillac, MI