MI > Cadillac > Mi
Cadillac, MI 49601,1337 N Mitchell Street
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Cadillac, MI 49601,1337 N Mitchell Street
Cadillac, MI 49601,1337 N Mitchell Street
Cadillac, MI 49601,1337 N Mitchell Street
Cadillac, MI 49601,1337 N Mitchell Street
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Tricia Boerma

Tricia Boerma

+1(989) 560-5779
Listed by Bruce Wiltzer • City2Shore Real Estate Northern Michigan
$ 1,649,000
Est. payment /mo
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1337 N Mitchell Street Cadillac, MI 49601

23,725 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 23,725 sqft

Price per Sqft $69

Subdivision Mi

MLS Listing ID 1936192

Year Built 1970

Lot Size 1.780 Acres

Acres 1.78

Lot Dimensions 350x201x352x238

Property Sub-Type Mixed Use

Property Description

North Mitchell Street Plaza LLC is a wonderful investment opportunity that takes advantage of the very popular and utilized self storage industry with 125 storage units - which includes an office and maintenance room incorporated into two of them - and in addition offers a renovated building with two offices that have wonderful tenants in both spaces who have leased this building for over 25 years. Renovations by the two office tenants have occurred this year by one tenant and within the last four years by the other, and they pay for all the renovations themselves. The total square footage of office and storage buildings comes to approximately 24,000 ft.². It is located on the north end of Cadillac at 1337 North Mitchell St./Main Street and is across from the fairgrounds and close to multiple restaurants, stores, and businesses. This complex has a large paved parking lot and is well lit at night. Updates completed by the owners include 62 smaller storage units added inside the large storage building on the south end of the complex in 2020, new overhead doors on 8 units in 2022, as well as updates to one bathroom in 2025. The size of the storage units vary and range from 5'x10' to one large unit that measures 30'x40' with multiple sizes in between. Cadillac is a continuously growing and sought after area in northern Michigan making this a prime location to expand your investments. Come and check out the potential of this money-making venture.

Location

State MI

County Wexford

Zoning Commercial

Rooms

Basement Poured Concrete, Slab

Interior

Heating Forced Air

Cooling Forced Air

Exterior

Exterior Feature Vinyl, Steel

Roof Type Asphalt,Metal

Present Use Educational,Office Building,Service,Other,Mini-Storage

Road Frontage Public Maintained, Blacktop

Building

Sewer Municipal

Water Municipal Water

Others

Tax ID 2209-SA0105-01

Ownership Private Owner

Acceptable Financing Conventional Mortgage, Commercial Loan, Cash

Listing Terms Conventional Mortgage, Commercial Loan, Cash

Virtual Tour https://vimeo.com/1099808451/e5e2bc4dc9?share=copy

agent

Tricia Boerma

Broker

+1(989) 560-5779

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1337 N Mitchell Street