$845,000
$875,000
3.4%For more information regarding the value of a property, please contact us for a free consultation.
2 Baths
5,300 SqFt
SOLD DATE : 03/01/2024
Key Details
Sold Price $845,000
Property Type Commercial
Sub Type Retail/Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 5,300 sqft
Price per Sqft $159
Municipality Haring Twp
MLS Listing ID 23003015
Sold Date 03/01/24
Full Baths 2
Originating Board Michigan Regional Information Center (MichRIC)
Year Built 1960
Annual Tax Amount $5,690
Tax Year 2022
Lot Size 3.930 Acres
Acres 3.93
Lot Dimensions irregular, see plat
Property Description
3.93 acres of commercial land on Mitchell St on Cadillac's busy north end. There is 193' of frontage on Mitchell St, with over 20,000 cars a day traffic. Currently there is a long standing family owned restaurant operating on the front .68 acres. The 5300 sq ft building has had a new steel roof in recent years. The current business could be continued, or cleared for new development. Municipal sewer and water are available on site, as well as a fire hydrant on the street. This would make an excellent location for new development of a hotel and banquet facility, restaurant chain, or any development requiring a large parcel of land. There is a liquor license that could be purchased separately.
Location
State MI
County Wexford
Area Paul Bunyan - P
Direction 1920 N Mitchell St, corner of Works Ave, on east side of road
Interior
Cooling Central Air
Fireplaces Number 1
Exterior
Utilities Available Phone Available, Public Water Available, Public Sewer Available, Natural Gas Available, Electric Available, Phone Connected, Natural Gas Connected, Electric Connected
Waterfront No
View Y/N No
Roof Type Metal
Street Surface Paved
Building
Foundation Block
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction No
Schools
School District Cadillac
Others
Tax ID 2209-28-1206, 05, 04, 03
Acceptable Financing Conventional, Other, Cash
Listing Terms Conventional, Other, Cash
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