117 N Mitchell Cadillac, MI, 49601
$ 500,000Bedrooms Baths0.0 Sq 11,200
for $500,000. This 11,200 square foot building was built in 1905 on a lot size of W 25 FT OF LOT 5, BLK C.
Income-producing property in the heart of downtown Cadillac, the historic Kramer Building is ready for new ownership! Meticulously maintained (current owner is a contractor) and with multiple high-quality tenants, this 11, 200-sqft building boasts many updates including electrical, flooring, paint, and more. Mimicking the prominence of the building's exterior appearance, the inside of the building has exposed brick in many of the units, and lots of natural light. This three-story building has plenty of parking (on-street parking in the front, public parking lot in the back), is ADA-compliant, and each unit has its own heat/AC as well as dedicated electric & gas meters.
Heating Source Natural Gas
Heating System Forced Air
Water Source Municipal
Exterior* Excluded Features
Parking Parking Lot
Road Frontage Public Maintained Road
- Monthly Principal & Interest
- Monthly Property Taxes
- Monthly Home Insurance
Default based on a 30-year fixed rate of 4.125% 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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Commerical listings in Cadillac, MI
Average List Price $360,837
Percent of Sale Price 28 %
About Cadillac, MI
2 % Since 2002
$ 36,999 Median Income
37.66 Median Age
27 % Households with Children