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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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119 S Mitchell St , Cadillac, MI 49601
$845,000
Est. Payment: $1,877.78/mo
0 Bed
3 Bath
9300 Sqft
Status: Active | Days on site: 872
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House Description

This fully operating restaurant business is ready for a new owner to step in with the previous owners scaling back into retirement. The building was fully renovated in 2018 during the restaurant buildout. It included mechanicals, second-floor deck addition, sprinkler system, full kitchen building out, full bar buildout, and the professionally designed full interior buildout. This restaurant was built from the studs-in with the experience of the owner's 3 previous restaurant ventures, resulting in perfect kitchen workflow and efficient use of space. Owner is willing to meet with prospects and provide insight to help with the transition. Financials can be provided with a signed confidentiality agreement & showing scheduled. You could not create this opportunity from scratch for this price.

Highlights

Listed by Brandon Ball , 231-690-4981 Dwelling Realty - KW Northern Michigan , 231-887-4455.

Property Type

Commercial Sale

Lot/Acreage
0.11

Year Built

1880

County

Wexford

Area

Outside MichRIC Area - Z

School District

Cadillac

Listing ID

23145005

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:3
  • Full Bathrooms:3
Air Cond:Central Air
Fireplaces:

Exterior Features

Roof:Rubber
Principal Interest
$1,878
Taxes
$542

Home Price

$845,000

Loan Details

30 yrs
%

Down Payment

20%
$169,000
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Monthly Price:
$1,877.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,877.78 $542.08 $0.00 $2,419.86
Yearly $22,533.33 $6,505.00 $0.00 $29,038.33
Total $676,000.00 $195,150.00 $0.00 $871,150.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Cadillac, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.