115 N Mitchell Street
Cadillac, MI 49601
MLS #1834408

  • 3,125sq ft
Est. P&I payment: $760.05/mo
Description for 115 N Mitchell Street, Cadillac, MI 49601
Building has a new fresh appearance, facade upgrade in 2012, new glass face and new entrance doors. Was once a bank, wide open floor plan suitable to most office and retail uses. Updated lighting fixtures, newer flooring, and updated heating/air conditioning. Part of the facade restructure included roof on front half of building. Thought to be the only building downtown with fiber optic cable connection, lightning fast internet speed! The basement is usable as is to generate income and could be a boost in the income stream, potential exists to further develop the basement; the facade could be altered to provide 2 main street entrances, the lower level could then have the same front and back entrance feature enjoyed by the main level. There is an office area with storage room located at the west end of the main level that could become a 3 rental unit that would have an awesome view of lake Cadillac. More income generation is easily achievable. Current rent for just the main unit is $1,600 per month. Back entrance is attractively designed and enters from street level off a lightly used piece of city parking behind Huntington Bank on Mitchell Street and City of Cadillac offices on Lake Street.
MLS #1834408
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My Notes for MLS #1834408

General Features

  • Property Type: Retail/Commercial
  • Total Finished SqFt: 3,125
  • Number of Acres: 0.07
  • Lot Dimensions: 25X119
  • Approx Year Built: 1945
  • Zoning: Commercial

Exterior Features

  • Vacant Land: No
  • Roof: Membrane
  • Exterior Features: Stone,​Stucco/Drivit
  • Parking: Paved,​Parking Lot,​Street Parking

Interior Features

  • Number of Restrooms: 2

Utilities Features

  • Heating/Cooling Source: Natural Gas
  • Heating/Cooling Type: Forced Air,​Central Air
  • Water: Municipal Water
  • Sewer: Municipal

Financial Features

  • Sale/Rent: For Sale
  • Price Per SQFT: 63.68
  • Sale or Lease: For Sale
  • Type of Ownership: Private Owner
  • Variable Rate: No
  • Total Taxes: 4,074
  • Terms: Conventional Mortgage,​Commercial Loan,​Cash
  • Included in Lease: None

Community Features

  • Development Name: Downtown Cadillac

Misc Features

  • Deeded Waterfront: No
  • Business Name: Northern Hearth Quilting
  • Year Updated: 2012
  • Year Remodeled: 2012
  • ECO Features: No
  • Business Included: No
  • Real Estate Included: Yes
  • Inventory Included: No
  • Present Use: Office Building,​Retail Store,​Service
  • Foundation: Full,​Finished Rooms,​Plumbed for Bath,​Entrance Outside,​Entrance Inside
  • Possession: Subject to Tenants Rights
  • Construction: Block


Street View Not Available
Directions to 115 N Mitchell Street, Cadillac, MI 49601
W side of Mitchell Street between Harris and Mason
Listing information for 115 N Mitchell Street, Cadillac, MI 49601 was graciously provided by our friends at the listing brokerage, RE/MAX CENTRAL 124 S Mitchell Street, Cadillac, MI 49601

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P&I Payment $760.05
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Last Updated 03/23/2018 at 12:52pm
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