$1,890,000
( $79.66Per Sq Foot )
$10,146 est/mo Sourced by Back At You1337 N Mitchell Street , Cadillac, MI 49601
Cadillac, MI 49601
Description
North Mitchell Street Storage and Plaza is ideally situated off of the corner of N Mitchell St (Bus 131) and E 13th St, in the heart of a thriving commercial hub, surrounded by Big Box stores, restaurants, gas stations, and industrial businesses. With a strong track record of long-term tenants spanning over 25 years, this property offers excellent investment potential. The plaza features a two-unit 4900 SF office building along with 123 self-storage units of various sizes, consistently maintaining over 90% occupancy. The City of Cadillac continues to see consistent job growth in recent years. With the population growth over 3% year after year, it is the second most-populated city in the Northern Michigan region, after Traverse City.
Details
| MLS# | 24051719 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1970 |
| Days On Site | 11 |
| Listing Provided By | Keller Williams GR North | Roger Ackerman |
Features
| Bath(s) | 2 Total |
|---|---|
| SQ Feet | 23,725 |
| Story(s) | 1 |
| Units | 127 |
| Building(s) | 2 |
| Zoning | Commercial |
| Acreage | 1.78 |
Market Activity 49601
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Learn More About This Property
| State | MI |
|---|---|
| County | Wexford |
| City | Cadillac |
| Zip Code | 49601 |
| Area | West Central W |
| Subarea | W |
| School District | Cadillac |
| Listing VS Median (in 49601) | |
Price: $1,890,000 low | high Med: $254,900 SqFt: 23,725 low | high Med: 1,880 $ / SqFt: $80 low | high Med: $136 On Site: 11 low | high Med: 74.000000 | |
Listing Updated: October 10, 2024 at 4:23:34 PM PDT