Cadillac, MI 49601,214 N Mitchell Street
Cadillac, MI 49601,214 N Mitchell Street
Cadillac, MI 49601,214 N Mitchell Street
64
$675,000
$749,900
10.0%
Est.Price: ?

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15,000 SqFt

214 N Mitchell Street Cadillac, MI 49601

Est. payment /mo
SOLD DATE : 12/15/2022

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Key Details

Sold Price $675,000

Property Type Commercial

Sub Type Business

Listing Status Sold

Purchase Type For Sale

Square Footage 15,000 sqft

Price per Sqft $45

MLS Listing ID 1329881

Sold Date 12/15/22

Year Built 1905

Annual Tax Amount $15,322

Lot Size 0.260 Acres

Acres 0.26

Lot Dimensions 100 x 144

Property Description

15,000 square foot renovated building with business opportunities available in Downtown Cadillac! The building underwent a major renovation in the late 1980's, had some major renovations to the center section in 2016, and then in 2021 the main floor saw a major renovation! All new flooring, moved and expanded the bar area, exposed more tin ceilings and brick, added a bathroom, new HVAC for the main floor, and then a major kitchen renovation, with complete new floors and the addition of some new kitchen equipment! The main floor consist of the bar area, and 2 more dining room areas, and then the separate wine and butcher shop! Upstairs you find 7 quaint hotel rooms, which have a great occupancy history and more potential for a new owner. There is also 2900 sq ft of renovated office space! The street level could be split into 3 different spaces, allowing for investment flexibility. Cadillac has become a new destination, and this property and business have huge potential to be a big player in the Downtown scene!

Location

State MI

County Wexford

Area Clam Lake Twp (83005)

Zoning Commercial

Interior

Heating Baseboard, Forced Air

Cooling Central A/C

Building

Foundation Basement

Water Public Water

Structure Type Block,Brick

Others

Ownership Private

Energy Description Natural Gas

Acceptable Financing Seller

Listing Terms Seller

Financing Cash,Commercial Loan,Conventional

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MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by Five Star Real Estate - Shelby St Cadillac
Bought with NON-MLS MEMBER OFFICE

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Morgan Beilfuss

Agent | License ID: 6501277052

+1(989) 277-7860

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