$675,000
$749,900
10.0%For more information regarding the value of a property, please contact us for a free consultation.
214 N Mitchell Street Cadillac, MI 49601
4 Baths
0.26 Acres Lot
Key Details
Sold Price $675,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Municipality Cadillac City
MLS Listing ID 22013101
Sold Date 12/15/22
Full Baths 4
Originating Board Michigan Regional Information Center (MichRIC)
Year Built 1905
Annual Tax Amount $18,220
Tax Year 2021
Lot Size 0.260 Acres
Acres 0.26
Property Description
15,000 square foot renovated building with business opportunities available in Downtown Cadillac! The building underwent a major renovation in the late 1980's, had some major renovations to the center section in 2016, and then in 2021 the main floor saw a major renovation! All new flooring, moved and expanded the bar area, exposed more tin ceilings and brick, added a bathroom, new HVAC for the main floor, and then a major kitchen renovation, with complete new floors and the addition of some new kitchen equipment! The main floor consist of the bar area, and 2 more dining room areas, and then the separate wine and butcher shop! Upstairs you find 7 quaint hotel rooms, which have a great occupancy history and more potential for a new owner. There is also 2900 sq ft of renovated office space! Cadillac has become a new destination, and this property and business have huge potential to be a big player in the Downtown scene! There is also 2900 sq ft of renovated office space! Cadillac has become a new destination, and this property and business have huge potential to be a big player in the Downtown scene!
Location
State MI
County Wexford
Area Outside Michric Area - Z
Direction Downtown Cadillac
Rooms
Basement Full
Interior
Cooling Central Air
Fireplaces Number 2
Exterior
Utilities Available Telephone, Cable Connected, Public Water, Public Sewer, Natural Gas Connected, Electricity Available, Natural Gas Available
View Y/N No
Street Surface Paved
Building
Building Description Stone, Brick, Multi User Facility
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Structure Type Stone, Brick
New Construction No
Schools
School District Cadillac
Others
Tax ID 10-086-00-150-00 & 149-00
Ownership Proprietorship
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
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