216 S Mitchell Street Cadillac, MI ^$ 229,000

216 S Mitchell Street

^$ 229,000

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Recently Listed

216 S Mitchell Street

Cadillac, MI, 49601

^$ 229,000

Bedrooms-- Baths-- Sq 3,300

Monthly Estimate*

^$ 1,410

216 S Mitchell Street, Cadillac, MI 49601 - Image 1

216 S Mitchell Street, Cadillac, MI 49601 - Image 2

216 S Mitchell Street, Cadillac, MI 49601 - Image 3

216 S Mitchell Street, Cadillac, MI 49601 - Image 4

216 S Mitchell Street, Cadillac, MI 49601 - Image 5

216 S Mitchell Street, Cadillac, MI 49601 - Image 6

Commercial Property for sale in Cadillac, MI

for $229,000. This 3,300 square foot building was built in 1946 on a lot size of 0.09.

Prime mixed-use opportunity in the heart of downtown Cadillac. This Mitchell St commercial building features space on the main level with excellent street visibility and two income-producing residential apartments on the upper level. Located in high-traffic downtown Cadillac, surrounded by local shops, restaurants and businesses. Ideal opportunity for investors or business owners looking to own property in one of Cadillac’s most desirable commercial locations.

Commercial Active

Price

^$ 229,000

Property Type

Commercial

Taxes

^$ 2,941

Style

Lot Size

0.09

Year Built

1946

Town/City

Cadillac

County/Region

Wexford

MLS | Web ID

1943015

Features

General

Sewer Public Sewer

Heating Forced Air Natural Gas

Possession Negotiable Subject To Tenant Rights

Roof Membrane

Construction Materials Block

Year Built 1946

Township Cadillac

Property Subtype Income

Tax Year 2023

Business Type Other

Accessibility None

Assoc Fee Paid Per Annually

Business Name N/A

County Wexford

New Construction N

Property Type Commercial Sale

Attached Garage N

Subdivision Name Cadillac

Garage Y/N N

Building Features None

Rent Includes None

Status Active

Directions Downtown Cadillac 200 Block directly acroos from Cadillac Lofts

City Cadillac

Zoning Description Commercial

Lot Size Units Acres

Lot Size Square Feet 3920.4

Carport Y/N N

Tax Annual Amount 2941.1

Home Warranty Y/N N

Lease Renewal Y/N N

Lease Considered Y/N N

Living Area Units Square Feet

Standard Status Active

Tax Assessed Value 45025

Ownership Type Private Owner

Lease Amount Frequency Annually

Legal Description S 1/2 LOT 3 BLK A MITCHELLS REVISED PLAT OF THE VILLAGE OF CLAM LAKE CITY OF CADILLAC

Freehold IDX

Interior

Basement Full Unfinished Interior Entry

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

Exterior

Parking Features Common Parking Lot On Street

Lot Features Interior Lot

Water Source Public

Lot Size Area 0.09

Foundation Details Block

Spa N

Lot Dimensions 25 x 171

Lot Size Acres 0.09

Road Surface Type Asphalt

Other Parking Common Parking Lot Street Parking

Waterfront Y/N N

Road Responsibility Public Maintained Road

Horse Y/N N

* Excluded Features

List By

Coldwell Banker Schmidt-Cadillac

Broker

(231) 510-1286

Phone

Affordability Calculator

$1,655

Per Month

Monthly Principal & Interest: $1,410
Monthly Property Taxes: $245
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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

Trends
Schools

Commerical listings in Cadillac, MI

Average List Price ^$462,994

Percent of Sale Price 102%

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.

2034270 Elementary School

2034440 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/16/2026	$229,000		Listed Price

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216 S Mitchell Street, Cadillac, MI, 49601 is a Commercial Property for sale at $229,000 with 3,300 sqft and a lot size of 0.09. 216 S Mitchell Street was built in 1946. 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 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.

The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright © Northern Great Lakes REALTORS® MLS. All Rights Reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Northern Great Lakes REALTORS® MLS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 3/19/2026.

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216 S Mitchell Street

Commercial Property for sale in Cadillac, MI

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