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$525,000
Est. payment /mo
4,054 SqFt
UPDATED:
11/26/2024 04:07 PM
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 4,054 sqft
Price per Sqft $129
Municipality Cadillac
Subdivision Cadillac
MLS Listing ID 80052570
Originating Board MiRealSource
Year Built 1999
Lot Size 0.930 Acres
Acres 0.93
Property Description
Great investment opportunity in Cadillac! This 4,054 SF office building sits on 0.93 acres in total and is only a short drive from downtown Cadillac. The property was renovated in 2018 and features an attractive aesthetic with a lot of curb appeal. The building features 16 offices, a bullpen area, 3 conference rooms, a kitchenette area, a mailroom, 3 restrooms, and 2 separate reception areas. The partially finished basement features a large meeting space in the finished section, and plenty of storage space in the unfinished section. Priced at a 9.05% CAP in year 1 based on current lease with tenant.
Location
State MI
County Wexford
Zoning Commercial
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Sewer Public
Structure Type Wood Siding,Stone
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Listed by Coldwell Banker Schmidt Traverse City