Additional details

Sandra Walus

walusrs@gmail.com +1(810) 923-4118

$2,484,000

Est. payment - /mo

8 Baths

21,000 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type BusinessandRealEstate

Listing Status Pending

Purchase Type For Sale

Square Footage 21,000 sqft

Price per Sqft $118

MLS Listing ID 72025051131

Year Built 2007

Lot Size 2.500 Acres

Acres 2.5

Property Sub-Type BusinessandRealEstate

Property Description

Joe McNally and RE/MAX Together are pleased to offer 34 Road Mall in Cadillac, MI. This is a 100 percent leased, stabilized asset, that offers an investor the rare opportunity to acquire a well constructed and maintained multi tenant retail center at almost a 7 percent Cash-on-Cash Return with obvious upward opportunity. The property is a 21,094 square foot inline center on 34 Rd consisting of 10 tenants, at a 100% occupancy rate. This unbeatable location is set in the heart of Cadillac's most highly traffic corridor. The building has been well maintained, and includes an owner-use storage/wokshop area as a bonus. Annual gross incomes exceed $200,000, with upward potential evident.

Location

State MI

County Wexford

Area Area83121Haringtwp

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Exterior

Parking Features Paved

Utilities Available ElectricityConnected, NaturalGasConnected, PhoneAvailable, PhoneConnected

View Y/N No

Building

Foundation Block

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Cadillac

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Joseph McNally of RE/MAX TOGETHER

Nearby School & Business

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Sandra Walus

+1(810) 923-4118

Broker Associate | License ID: 6502347609

Broker Associate License ID: 6502347609

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8826 E 34 Rd Haring Twp, MI 49601

Sandra Walus

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby School & Business

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