$845,000
$875,000
3.4%For more information regarding the value of a property, please contact us for a free consultation.
5,300 SqFt
SOLD DATE : 03/01/2024
Key Details
Sold Price $845,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 5,300 sqft
Price per Sqft $159
MLS Listing ID 72023003015
Sold Date 03/01/24
Originating Board West Central Association of REALTORS®
Year Built 1960
Annual Tax Amount $5,690
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 Haring Twp
Direction 1920 N Mitchell St, corner of Works Ave, on east side of road
Interior
Heating Forced Air, Central Air
Heat Source Natural Gas
Exterior
Roof Type Metal
Road Frontage Paved
Building
Sewer Public Sewer (Sewer-Sanitary), Sewer at Street
Water Public (Municipal), Water at Street
Structure Type Frame,Vinyl,Wood
Schools
School District Cadillac
Others
Tax ID 2209-28-1206, 05, 04, 03
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Unknown/Data Share Listings
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Bought with NAI WISINSKI OF WEST MICHIGAN
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