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514 N Mitchell

Cadillac, MI 49601
  • $189,900
  • STATUS: Active
  • ON SITE: 263 Days
  • MLS #: 1883586
Price Reduced
UPDATED: 22 min ago
$189,900
  • 0
    BEDS
  • 0.09
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,720
    SQFT
  • $51
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1912
County:
Area:

School Ratings & Info

Description

A rare opportunity to own a piece of historic downtown Cadillac. As you travel down Mitchell Street the natural brick facade draws the eye. Inside, this multi-use building features over 5.600 sq. feet of commercial space. The main level would work perfectly for a brewpub or neighborhood bar/eatery (liquor license not included). Some tables, chairs, barstools, etc. are included in the sale. Character features such as: exposed duct work, tall ceiling's and crown molding make the possibilities endless. Downstairs you'll find ample storage space, the beer cooler, an office and a kitchen that could be used as a prep area if you wanted to serve food. Upstairs features two residential units which have private entrances and offer the potential to live onsite or produce income. New plumbing, new on demand water heater, new furnace and AC unit and many other updates. Seller will do a land contract with a full price offer (15 year balloon at 5%), or a total cash out or finance. Buyer is responsible for paying all closing costs which will be considered the down payment.

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The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2021 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2021-10-17T08:51:52.097.
www.c21northland.com/homes/113649488
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514 N Mitchell Cadillac, MI 49601

  • Price: $189,900
  • Status: Active
  • Updated: 22 min ago
  • MLS #: 1883586
0
Beds
4
Baths
0
½ Baths
0.09
Acres
3,720
SQFT
$51
$/SQFT
1912
Built
Neighborhood:
Downtown Cadillac
County:
Wexford
Area:
Wexford
Property Description
A rare opportunity to own a piece of historic downtown Cadillac. As you travel down Mitchell Street the natural brick facade draws the eye. Inside, this multi-use building features over 5.600 sq. feet of commercial space. The main level would work perfectly for a brewpub or neighborhood bar/eatery (liquor license not included). Some tables, chairs, barstools, etc. are included in the sale. Character features such as: exposed duct work, tall ceiling's and crown molding make the possibilities endless. Downstairs you'll find ample storage space, the beer cooler, an office and a kitchen that could be used as a prep area if you wanted to serve food. Upstairs features two residential units which have private entrances and offer the potential to live onsite or produce income. New plumbing, new on demand water heater, new furnace and AC unit and many other updates. Seller will do a land contract with a full price offer (15 year balloon at 5%), or a total cash out or finance. Buyer is responsible for paying all closing costs which will be considered the down payment.
Exterior Features

Construction BrickFrame Exterior Features BlockBrick Foundation Entrance InsideFinished RoomsFullUnfinished Lot Dimensions 160X25 Parking Street Parking Road BlacktopPublic Maintained Roof Membrane

Interior Features

Heating Cooling Type Forced Air

Property Features

Business Incl No Business Name Former Mitchell Streetpub Deeded Waterfront No Documents On File None Eco Features No Energy Efficient Not Applicable Extras None Heating Cooling Source Natural Gas Included In Lease None Inventory Incl No Licenses None Listing Agreement Type Exclusive Right To Sell Location Inside Lot Possession At Closing Present Use BarRestaurant/Food Service Renewable Not Applicable Sale Or Lease For Sale Sale Rent For Sale Section Number 33 Sewer Municipal Taxable Value 70400 Terms Owner Assist (L/C) Township Cadillac Type Mixed Use Type Of Ownership Private Owner Univs Design Barrier Free Covered Entrance Vacant Land No Water Municipal Water Water Conservation Not Applicable Year Remodeled 2008 Zoning Commercial

Listing information © 2021 Northern Great Lakes REALTORS© MLS.
Listing provided courtesy of City2shore Real Estate Northern Michigan: 231-839-0077.



The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2021 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2021-10-17T08:51:52.097.
 
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