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514 N Mitchell

Cadillac, MI 49601
  • $174,900
  • STATUS: Accepting Backup Offers
  • ON SITE: 171 Days
  • ID#: 78080010816
Under Contract
UPDATED: 60 min ago
$174,900
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,720
    SQFT
  • $47
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1912
County:
Area:
Zoning:
Commercial
Lot Size Dimensions:
160x25

School Ratings & Info

School District:

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 7%), 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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IDX provided courtesy of Realcomp II Ltd. via Alan Brown Group and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Alan Brown Group are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-02-25T09:56:56.08.
www.alanbrowngroup.com/homes/143121503
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514 N Mitchell Cadillac, MI 49601

  • Price: $174,900
  • Status: Accepting Backup Offers
  • On Site: 171 Days
  • Updated: 60 min ago
  • ID#: 78080010816
0
Beds
0
Baths
0
½ Baths
0.09
Acres
3,720
SQFT
$47
$/SQFT
1912
Built
Neighborhood:
Downtown Cadillac
County:
Wexford
Area:
Cadillac
School District:
CADILLAC
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 7%), 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 Materials BrickFrame Foundation Details Basement Foundation Materials Brick/Mortar Lot Size Dimensions 160x25

Interior Features

Heating Cooling Forced Air Heating Fuel Natural Gas Room Count 0

Property Features

Current Use Bar/Tavern/LoungeRestaurant Land Contract YN No Ownership Status Private Owned Possession At Close Postal City Cadillac Settlement City Sewer Public Sewer (Sewer-Sanitary) Short Sale No Title Standard (Private) Unparsed Address 514 N Mitchell Water Source Public (Municipal) Zoning Commercial

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via City2Shore Real Estate Northern Michigan: (231) 839-0077 and Aspire North REALTORS, ©2024 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via Alan Brown Group and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Alan Brown Group are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-02-25T09:56:56.08.
 
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