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$3,100,000
1508 N Mitchell Street
Cadillac, MI 49601
MLS# 22032293
47945 sqft


1508 N Mitchell Street, Cadillac, MI 49601
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1508 N Mitchell Street, Cadillac, MI 49601 1508 N Mitchell Street, Cadillac, MI 49601 1508 N Mitchell Street, Cadillac, MI 49601 1508 N Mitchell Street, Cadillac, MI 49601 1508 N Mitchell Street, Cadillac, MI 49601 1508 N Mitchell Street, Cadillac, MI 49601 1508 N Mitchell Street, Cadillac, MI 49601 1508 N Mitchell Street, Cadillac, MI 49601 1508 N Mitchell Street, Cadillac, MI 49601 1508 N Mitchell Street, Cadillac, MI 49601 1508 N Mitchell Street, Cadillac, MI 49601 1508 N Mitchell Street, Cadillac, MI 49601 1508 N Mitchell Street, Cadillac, MI 49601 1508 N Mitchell Street, Cadillac, MI 49601

Property Description
A singular opportunity to own one of the largest commercial mall spaces in the greater Cadillac area. Nine acres of premium commercial real estate, encompassing one of the most highly trafficked areas in Wexford County. A 14 unit, nearly 50,000 square foot commercial mall is the centerpiece, and with 12 of the 14 units leased out to tenants, this property needs only an anchor store for the 25,000 square foot prior home to JCPenny to be complete package. Call for more information.

Details
Maps
Location & Property Info
County: Wexford
Street #: 1508
Street Direction: N
Street Name: Mitchell
Suffix: Street
State: MI
Zip Code: 49601
Cross Streets: Bell Ave
Property Sub-Type: Retail/Commercial
Area: Paul Bunyan - P
Municipality: Haring Twp
Office/Contract Info
Status: Active
Current Price: $3,100,000
List Price: $3,100,000
Auction or For Sale: For Sale
List Price/SqFt: 64.66
Prop Avail for Lease?: No
Sub Agency Type: %
Buyer Agency: 2.5
Buyer Agency Type: %
Trans Coord Type: %
Listing Date: 2022-07-28
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 8.94
Lot Square Footage: 389426
Lot Dimensions: Irregular
Year Built: 1980
Road Frontage: 54
Total # Units: 9
# Fin Bldg Lvls: 47945
Total # Bldgs: 1
Total SqFt: 47945
Full Baths: 15
Waterfront: No
School District: Cadillac
Tax Info
Tax ID #: 2209-28-4202
Taxable Value: 120666
SEV: 545800
For Tax Year: 2021
Annual Property Tax: 6001
Tax Year: 2021
Spec Assessment & Type: None Known
Remarks & Misc
Legal: Lengthy on file
Directions: From Big Rapids, North on 131 to Cadillac, Near Cadillac's busy North end. Corner of Mitchell St. and Bell Ave.
Additional Details
# Loading Docks/Well: 3
Total Parking Spaces: 200
SqFt Information
Rentable Retail SqFt: 45000
Total Bldg Retail Sq: 45000
Total Bldg SqFt (Gro: 48000
Property Features
Property Use: Business; Investment; Net Leased (nnn)
Uses: Professional Service; Professional/Office; Retail
Business Includes: Real Estate
Construction Type: Concrete; Steel
Exterior Material: Brick
Sewer: Public
Water: Well
Utilities Attached: Electric; Natural Gas
Util Avail at St: Broadband; Cable; Electric; Natural Gas; Public Sewer; Telephone
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Driveway: Paved
Street Type: Paved; Public
Purchase Terms Avail: Cash; Conventional
Sale Conditions: None

Listing Office: RE/MAX TOGETHER

Listing Agent: Joseph McNally

Last Updated: July - 18 - 2023

1508 N Mitchell Street, Cadillac, MI 49601 - MLS# 22032293
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