Cadillac, MI 49601,219 N Mitchell Street
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Cadillac, MI 49601,219 N Mitchell Street
Cadillac, MI 49601,219 N Mitchell Street
Cadillac, MI 49601,219 N Mitchell Street
Cadillac, MI 49601,219 N Mitchell Street

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$ 420,000
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219 N Mitchell Street Cadillac, MI 49601

8,385 SqFt


UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 8,385 sqft

Price per Sqft $50

Subdivision Natural Food Store And Agape

MLS Listing ID 78080059528

Year Built 1994

Annual Tax Amount $5,953

Lot Size 9,583 Sqft

Acres 0.22

Lot Dimensions 75x125

Source Aspire North REALTORS®

Property Description

The property at 219 N Mitchell Street in downtown Cadillac presents a compelling and turn-key investment in a thriving and up and coming market. Built in 1994, this one-story, Class C commercial building offers nearly 8,000 square feet of versatile space, with 71 feet of prominent street frontage and an exterior loading dock- features that support a wide range of retail or office uses. Currently fully leased to established tenants, this building delivers dependable monthly income backed by a proven rental history. The existing businesses are not for sale; instead, the option exists to purchase the building alone, with businesses continuing their operations and expressing a strong desire to remain in place. This arrangement ensures a seamless transition and consistent cash flow from day one. Designed with two separate lease units, the property offers strategic flexibility. An investor could maintain current tenancy, occupy one unit while leasing out the other, or reposition the layout to attract new tenants. Its configuration supports both retention and value-add potential. Situated on Cadillac’s main commercial corridor, the building benefits from steady foot traffic drawn by downtown shopping, dining, and community events. This walkable district, anchored by specialty food shops, boutiques, and entertainment venues, enhances visibility and drives customer engagement for tenants. With solid foundational income already in place, this property offers a rare opportunity to increase returns through thoughtful upgrades, rental rate adjustments, or rebranding efforts. In summary, 219 N Mitchell Street is an attractive, fully leased, income-generating asset ready for a savvy investor to step in and build upon an already successful framework.

Location

State MI

County Wexford

Area Cadillac

Zoning Commercial

Interior

Heating Forced Air

Heat Source Natural Gas

Exterior

Accessibility Disabled Access

Building

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Steel

Schools

School District Cadillac

Others

Tax ID 100860003800

Ownership Corporate/Relocation

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Unknown/Data Share Listings


Realcomp MLS
Listed by Jaimie Fellows-Garno of City2Shore Real Estate Northern Michigan
agent

Realtyflo Inc

Brokerage | License ID: 6505386963

+1(313) 466-7253

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