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Jim Blehm

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

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916 S Mitchell St , Cadillac, MI 49601
$575,000
Est. Payment: $1,277.78/mo
0 Bed
1 Bath
6850 Sqft
Status: Active | Days on site: 573
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House Description

Prime real estate opportunity on the south end of Downtown Cadillac. There are a total of three separate buildings, all located on a sprawling 2.25-acre parcel offer room for expansion. The main building offers close to 4,000 sq ft and features a kitchen area adequate for a bustling deli, plenty of coolers for beverages, a snack and retail area, and plenty of seating. The back portion of the building is currently used for an intimate, small gathering place. Just outside the back entrance is the one-of-a-kind, 2880 sq ft renovated Greenhouse event center. The Greenhouse features brand-new roof panels, a stamped concrete floor, and radiant heaters, creating a warm, fun, and inviting atmosphere that can be used for a variety of business purposes. There is an outdoor walk-in freezer and a walk-in cooler. The third building is a 30' x 40' pole building for storage. The large lot has high visibility from Mitchell Street, with two access points, and offers ... convenient back-street access as well. The sale includes all equipment, furniture, and fixtures. The property is currently an owner-operated deli, Texas-style BBQ, and the Greenhouse Event Center. The opportunities are endless at this location, including a sales location for anything that requires a small showroom and indoor display. The business in place offers a new owner a jump start on a well-established business that the community loves. A Class C liquor license is available for an additional cost. The buildings were all constructed around 2010, so come bring your ideas and own everything that is here for a fraction of the cost of new construction!

Highlights

Listed by Greg Bosscher , 231-357-2798 Five Star Real Estate Shelby , 231-842-1200.

Property Type

Commercial Sale

Lot/Acreage
2.25

Year Built

2010

County

Wexford

Area

Outside MichRIC Area - Z

School District

Cadillac

Listing ID

25003734

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:1
  • Full Bathrooms:1
Air Cond:Central Air
Fireplaces:
Other:
  • Additional:Broadband

Exterior Features

Roof:Metal
Principal Interest
$1,278
Taxes
$1,202

Home Price

$575,000

Loan Details

30 yrs
%

Down Payment

20%
$115,000
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Monthly Price:
$1,277.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,277.78 $1,201.67 $0.00 $2,479.44
Yearly $15,333.33 $14,420.00 $0.00 $29,753.33
Total $460,000.00 $432,600.00 $0.00 $892,600.00

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.