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Investment Opportunity For Sale

$995,000

117 N Mitchell St, Cadillac, MI 49601

Active
Last Updated: 03/12/2025

12,135 sqft

Building Size

0.14 acres

Lot Area

Details:
Building Size:    12,135 sqft
Lot Area:    0.14 acres
Occupancy:    100%
Units:    6
Year Built:    1905
Floors:    3
Highlights:
  • Core Plus Investment Opportunity
  • Downtown Location
  • Well Maintained Building
  • Excellent Tenants
Description:

Income-producing property in the heart of downtown Cadillac. The historic Kramer Building is ready for new ownership! Meticulously maintained with multiple high-quality tenants, this building with 12,135 SF of leasable area boasts many updates including electrical, flooring, paint, and more. Mimicking the prominence of the building’s exterior appearance, the inside of the building has exposed brick in many of the units, and plenty of natural light with views of Lake Cadillac. This three-story building has plenty of parking (on-street parking in the front, public parking lot in the back), is ADA-compliant with the elevator, and each unit has its own heat/AC as well as dedicated electric & gas meters.

Located on the West side of Mitchell Street between Harris and Mason

Map:
Documents:
Title
117_N_Mitchell_FP1.pdf
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Sale_Brochure.pdf
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Location
Gallery