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    514 N Mitchell

    Cadillac, MI 49601
    • $220,000
    • STATUS: Active
    • ON SITE: 31 days
    • MLS #: 1883586
    UPDATED: 15 min ago
    $220,000
    • 0
      BEDS
    • 0.09
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 3,720
      SQFT
    • $59
      $/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 is ONLY interested in doing a land contract. Full price offer with 15 year balloon at 5% interest. 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: 2021-02-27T07:51:56.17.
    www.michiganlifestylehomes.com/homes/113649488
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    514 N Mitchell Cadillac, MI 49601

    • Price: $220,000
    • Status: Active
    • Updated: 15 min ago
    • MLS #: 1883586
    0
    Beds
    4
    Baths
    0
    ½ Baths
    0.09
    Acres
    3,720
    SQFT
    $59
    $/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 is ONLY interested in doing a land contract. Full price offer with 15 year balloon at 5% interest. Buyer is responsible for paying all closing costs which will be considered the down payment.
    Exterior Features

    Construction BrickFrame Exterior Features BlockBrick Foundation FullFinished RoomsUnfinishedEntrance Inside 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 Restaurant/Food ServiceBar 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



    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: 2021-02-27T07:51:56.17.
     
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