Cadillac, MI 49601,8826 E 34 Rd
Cadillac, MI 49601,8826 E 34 Rd
Cadillac, MI 49601,8826 E 34 Rd
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$2,484,000
Est. payment /mo
8 Baths
21,000 SqFt
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Key Details

Property Type Commercial

Sub Type BusinessandRealEstate

Listing Status Active

Purchase Type For Sale

Square Footage 21,000 sqft

Price per Sqft $118

MLS Listing ID 72025051131

Year Built 2007

Lot Size 2 Sqft

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 ForcedAir, NaturalGas

Cooling CentralAir

Exterior

Parking Features Paved

Utilities Available ElectricityConnected, NaturalGasConnected, PhoneAvailable, PhoneConnected

View Y/N No

Building

Foundation Block

Sewer PublicSewer

Water Public

Schools

School District Cadillac

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


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Realcomp MLS
Listed by Joseph McNally of RE/MAX TOGETHER

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Matthew Stransky

Matthew Stransky

Team Owner | License ID: 327649

+1(248) 765-8788

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8826 E 34 Rd