MI > Cadillac > Mi
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
Cadillac, MI 49601,1337 N Mitchell Street
Cadillac, MI 49601,1337 N Mitchell Street
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David Godin

David Godin

+1(586) 416-0600
$ 1,649,000
Est. payment | /mo

23,725 SqFt

Save
$ 1,649,000
Est. payment | /mo
Save

23,725 SqFt

Key Details

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 23,725 sqft

Price per Sqft $69

Subdivision Mi

MLS Listing ID 80059502

Year Built 1970

Annual Tax Amount $16,582

Lot Size 1.780 Acres

Acres 1.78

Lot Dimensions 350x201x352x238

Property Sub-Type Commercial/Industrial

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

Area Haring Twp (83009)

Zoning Commercial

Interior

Heating Forced Air

Exterior

Parking Features Parking Lot

Roof Type Asphalt,Metal

Building

Foundation Slab

Water Public Water

Structure Type Frame,Other,Steel,Vinyl Siding

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Commercial Loan,Conventional

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by City2Shore Real Estate Northern Michigan
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Find out why customers are choosing LPT Realty to meet their real estate needs

+1(586) 416-0600

davidgodin@hotmail.com

42094 Garfield Rd, Clinton Twp, MI, 48038, USA

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1337 N Mitchell Street