115 N Mitchell Street Cadillac, MI ^$ 199,000

115 N Mitchell Street

^$ 199,000

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115 N Mitchell Street

Cadillac, MI, 49601

^$ 199,000

Studio Baths0.0 Sq 3,057

Monthly Estimate*

^$ 1,323

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Studio

Commercial Property for sale in Cadillac, MI

for $199,000. This 3,057 square foot building was built in 2021 on a lot size of 0.07.

Turn key business opportunity in the thriving core of Downtown Cadillac. Established in 2021, roasted cafe cocktail and coffee bar has built a following, and is now looking for someone to take this beautifully renovated space to the next level! The prime downtown location has had well over the asking price invested into renovations and equipping the business start up. Included in the sale is all of the equipment, furniture, fixtures, a DDA class C liquor license, and the established name and following they have built. There are 8 years left on the lease, offering security for the new owner. The current owners have decided to focus their energy on other business entities they own. With 50% down, there are possibilities for owner financing.

Commercial Active

Price

^$ 199,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Business

Lot Size

0.07

Year Built

2021

Town/City

Cadillac

County/Region

Wexford

MLS | Web ID

70403440

Features

General

Heating Forced Air

Possession At Close

Roof Rubber

Water Public Water

Status Active Active

Year Built 2021

County Wexford

Class COM/IND/BUS OPP

Type Business

Business Name Roasted Cafe

Percent Ownership LLC

Municipality Cadillac

Zoning Commercial

Subdivision MI

Commercial Features Electric Available Furniture Gas Available

Area Cadillac (83019)

Primary City Cadillac

Directions Downtown Cadillac

City Cadillac

Street Name Mitchell

Financial Terms Cash Conventional

Legal Description N/A no real estate. Business only.

DOM 23

Postal Code 49601

Price Per Sq Ft Total 65.1

Coming Soon Turn key business opportunity in the thriving core of Downtown Cadillac. Established in 2021 roasted cafe cocktail and coffee bar has built a following

Exterior

Exterior Block Brick Stucco

Frontage 25

Lot Size Area 0.07

Lot Dimensions 25 x 125

Roads City/County Paved Street

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Greg Bosscher

Listing Agent

Five Star Real Estate Shelby

Broker

greg@gregbosscher.com

Affordability Calculator

$1,323

Per Month

Monthly Principal & Interest: $1,323
Monthly Property Taxes: --
Monthly Home Insurance: --

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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 ^$422,514

Percent of Sale Price 112%

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
5/1/2024	$199,000		Listed Price

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115 N Mitchell Street, Cadillac, MI, 49601 is a Commercial Property for sale at $199,000 with 3,057 sqft and a lot size of 0.07. 115 N Mitchell Street is a studio with 0.0 baths and was built in 2021. 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.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

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115 N Mitchell Street

Commercial Property for sale in Cadillac, MI

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