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About the Listing 62027 - 509759
North Mitchell Street Plaza LLC is a wonderful investment opportunity that takes advantage of the very popular and utilized self storage industry with 125 storage units - which includes an office and maintenance room incorporated into two of them - and in addition offers a renovated building with two offices that have wonderful tenants in both spaces who have leased this building for over 25 years. Renovations by the two office tenants have occurred this year by one tenant and within the last four years by the other, and they pay for all the renovations themselves. The total square footage of office and storage buildings comes to approximately 24,000 ft.². It is located on the north end of Cadillac at 1337 North Mitchell St./Main Street and is across from the fairgrounds and close to multiple restaurants, stores, and businesses. This complex has a large paved parking lot and is well lit at night. Updates completed by the owners include 62 smaller storage units added inside the large storage building on the south end of the complex in 2020, new overhead doors on 8 units in 2022, as well as updates to one bathroom in 2025. The size of the storage units vary and range from 5'x10' to one large unit that measures 30'x40' with multiple sizes in between. Cadillac is a continuously growing and sought after area in northern Michigan making this a prime location to expand your investments. Come and check out the potential of this money-making venture.
Listing Highlights for 1337 N Mitchell
Status
Active
Days on Site
66
Property Type
Commercial Sale
MLS ®
80059502
Year Built
1970
Total Square Footage
23,725
Lot/Acreage
1.78
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 23725
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public Water
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 350x201x352x238
- Zoning: Commercial
- Roof: Asphalt,Metal
- Others:
- Sewer: Public Sanitary
- Parking Features: Parking Lot
Financial Details
- Tax Amount: $16,582
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
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Listing Location
Questions About..
1337 N Mitchell Cadillac, MI 49601
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