Multi-Family Redevelopment
For Sale
$169,900
534 Aldrich Street, Cadillac, MI 49601
MULTI_FAMILY - Cadillac, MI
Property Size2,712 SF
Lot Size3.50 Acres
Price / SF$62.65
Days on Market196
Property Features for 534 Aldrich Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Multi-Family
Zoning description
Multi-Family
Interior features
Cathedral Ceiling
Exterior features
Sidewalk, Handicap Access
Accessibility
Accessible Approach with Ramp
Appliances
Oven/Range
Elementary school district
Cadillac Area Public Schools
Middle school district
Cadillac Area Public Schools
High school district
Cadillac Area Public Schools
Directions
From downtown Cadillac, head east on Bond Street. Property is located on the north side of Bond Street at Aldrich Street, with additional frontage on Wright Street.
Subdivision
Wexford
Standard status
Active
Size
2,712 SF
Lot size
3.50 Acres
Taxes and HOA fees
Tax Description
Assessment Plat No. 1, Block 130, City of Cadillac, Wexford County, Michigan. Includes Tax Parcel Nos. 10-041-00-089-00 and 10-041-00-100-00. See attached survey and legal descriptions.
Legal Description
Assessment Plat No. 1, Block 130, City of Cadillac, Wexford County, Michigan. Includes Tax Parcel Nos. 10-041-00-089-00 and 10-041-00-100-00. See attached survey and legal descriptions.
Building Details
Year built
1900
Floors in Building
2
Number of units
1
Building materials
Frame
Roof type
Asphalt
Architectural style
Other
Listing Agency:
Five Star Real Estate - Mitchell St Cadillac
(231) 842-1200
Listed By:
Stacy Zirkle
(231) 920-2317
Added: Jan 28
Changed: Jul 2
Last Checked: Aug 12 at 12:06AM
MLS# 1941921
Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale redevelopment site includes an existing building and additional vacant land across two parcels, totaling approximately 3.54+/- acres. The property is zoned RM-1 Multiple-Family Residential per the City of Cadillac, and rezoning has been completed in 2025 in anticipation of converting the existing building to apartments and supporting potential future housing development on the vacant land. Documents are available for review, and buyers should verify unit count, development potential, and all zoning, site plan, and building requirements with the City.
The property has frontage on Aldrich and Wright Streets in Cadillac, Michigan (Wexford County). RM-1 zoning permits construction of single-family homes as well as duplex and multi-family residential uses, with single-family development subject to R-3 residential standards.
The listed property size is approximately 2,712 square feet, and the offering is centered on redevelopment planning for residential use under the approved zoning framework.
The property has frontage on Aldrich and Wright Streets in Cadillac, Michigan (Wexford County). RM-1 zoning permits construction of single-family homes as well as duplex and multi-family residential uses, with single-family development subject to R-3 residential standards.
The listed property size is approximately 2,712 square feet, and the offering is centered on redevelopment planning for residential use under the approved zoning framework.
Key Highlights
- Combined 3.54+/- acre site with frontage on Aldrich and Wright Streets, consisting of two parcels
- Rezoning completed in 2025; property is zoned RM‑1 Multiple‑Family Residential (City of Cadillac)
- RM‑1 zoning allows single‑family homes, duplex, and multi‑family residential uses (single‑family subject to R‑3 standards)
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
289
Businesses Nearby
Explore this area
Business Placement
Demographics for 49601, MI
21,564
Population
10,734
Households
2
Avg Household Size
43
Median Age
25%
College-Educated
91%
High-School Grad
220.0 sq mi
ZIP Area
98
Density / Sq Mi
$65,704
Median Household Income
$37,347
Median Earnings
$856
Median Rent
$166,500
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Specialty property - Two-parcel RM-1 zoned site with street frontage, positioned for apartment conversion and potential future residential development.
Where is this specialty property located?
The property is located at 534 Aldrich Street Cadillac, MI.
What is the asking price?
The asking price for this property is $169,900.
What are key features of this property?
This property features: Combined 3.54+/- acre site with frontage on Aldrich and Wright Streets, consisting of two parcels; Rezoning completed in 2025; property is zoned RM‑1 Multiple‑Family Residential (City of Cadillac); RM‑1 zoning allows single‑family homes, duplex, and multi‑family residential uses (single‑family subject to R‑3 standards)
