621 S Mitchell Cadillac, MI ^$ 350,000

621 S Mitchell

^$ 350,000

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621 S Mitchell

Cadillac, MI, 49601

^$ 350,000

Studio Baths0.0 Sq 6,151

Monthly Estimate*

^$ 2,326

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Studio

Commercial Property for sale in Cadillac, MI

for $350,000. This 6,151 square foot building was built in 1975 on a lot size of 0.69.

FORMER RESTAURANT FOR SALE OR LEASE! Interior has approximately 6,151 square feet with an existing kitchen and hood, multiple dining rooms, 3 walk-in coolers/freezers and two bathrooms. NEW ROOF IN 2023. Great location with 200 feet of frontage on Mitchell Street with an estimated 85 parking spaces. Perfect for a restaurant. Existing equipment can be purchased for an additional $25,000. ***All measurements and sq. ft. should be verified by Buyer.***

Commercial Active

Price

^$ 350,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 13,200

Style

Business

Lot Size

0.69

Year Built

1975

Town/City

Cadillac

County/Region

Wexford

MLS | Web ID

80016689

Features

General

Heating Forced Air

Possession Negotiable (Possession)

Water Public Water

Status Active Active

Year Built 1975

Parking 21+ Spaces Parking Lot

Subdivision None MI

County Wexford

Class COM/IND/BUS OPP

Type Business

Business Name Cast Iron Kitchen

Percent Ownership Private

Municipality Cadillac

Section 3

Zoning Commercial

Commercial Features Bath Sprinkler System

Area Cadillac (83019)

Primary City Cadillac

Directions Located at the intersection of S. Mitchell Street and South Street.

City Cadillac

Street Name Mitchell

Financial Terms Cash Conventional

Legal Description THE N 150 FT OF BLOCK 15 & THE N 50 OF THE S 150 OF THE W 150 OF BLOCK 15 G A MITCHELLS PLAT OF THE NW 1/4 SECTION 3-21-9

DOM 40

Postal Code 49601

Price Per Sq Ft Total 56.9

Coming Soon FORMER RESTAURANT FOR SALE OR LEASE! Interior has approximately 6 151 square feet with an existing kitchen and hood multiple dining rooms

Exterior

Exterior Block Frame Vinyl Siding

Lot Size Area 0.69

Lot Dimensions 200 by 150

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Doug LaBelle

Listing Agent

Labelle Realty Llc

Broker

Doug@LaBelleRealty.net

Affordability Calculator

$3,426

Per Month

Monthly Principal & Interest: $2,326
Monthly Property Taxes: $1,100
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Cadillac, MI

Average List Price ^$430,788

Percent of Sale Price 23%

About Cadillac, MI

10,600 Population

4% Since 2002

^$37,248 Median Income

38.02 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/19/2024	$350,000		Listed Price

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621 S Mitchell, Cadillac, MI, 49601 is a Commercial Property for sale at $350,000 with 6,151 sqft and a lot size of 0.69. 621 S Mitchell is a studio with 0.0 baths and was built in 1975. The property's zip code is 49601 which is in Cadillac, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

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621 S Mitchell

Commercial Property for sale in Cadillac, MI

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