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Improved Residential Building Lot
For Sale
$49,900

E M-55, Cadillac, MI 49601

LAND - Cadillac, MI

Property SizeContact for details
Lot Size0.45 Acres
Days on Market378

Property Features for E M-55

General Information

Property type Land
Property subtype Other
Zoning Residential
Zoning description Residential
Exterior features Seasonal View
Lot features Level, Level
Elementary school district Cadillac Area Public Schools
Middle school district Cadillac Area Public Schools
High school district Cadillac Area Public Schools
Directions M-55 just west of Thirsty's (the address to the property to the west of this is 1623 S Lake Mitchell Dr)
Subdivision Wexford
Standard status Active
Lot size 0.45 Acres

Taxes and HOA fees

Tax Description COM AT E 1/4 COR OF SEC; S 305.43 FT; W 249.65 FT TO S'LY ROW OF DONNELLY ST; S 145 FT TO POB: S 159.65 FT; SWLY 100 FT ALG M-55 ROW; N10D22M36S W 91.84 FT; N 140 FT; S80D50M23S E 101.4 FT TO POB. --.45 A M/L-- CG. SEC. 11 T21N R10W -CAPS-
Tax Annual Amount 425
Legal Description COM AT E 1/4 COR OF SEC; S 305.43 FT; W 249.65 FT TO S'LY ROW OF DONNELLY ST; S 145 FT TO POB: S 159.65 FT; SWLY 100 FT ALG M-55 ROW; N10D22M36S W 91.84 FT; N 140 FT; S80D50M23S E 101.4 FT TO POB. --.45 A M/L-- CG. SEC. 11 T21N R10W -CAPS-

Utilities

Water source Private
Listing Agency: Five Star Real Estate - Mitchell St Cadillac
Listed By: Sara Hoffman · License #6501344394
Added: Jul 30, 2025 Changed: Jul 2 Last Checked: Aug 11 at 7:06PM
MLS# 1937008

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 improved residential building lot consists of a wooded parcel with a 2020-installed well, municipal sewer, and electric service. The property also includes an 8x12 storage shed and an existing driveway accessed via easement off M-55. Manufactured homes are permitted if they meet the minimum 20' width and 800 sq ft living area requirement. Zoning is Residential, with setbacks listed as 40' from M-55 (front), 15' on the east and west sides, and 25' at the rear.

The lot is positioned along M-55 with noted visibility, providing straightforward access for residents or a weekend retreat. Nearby recreation includes Lake Mitchell, with a public boat launch described in the remarks, as well as Mitchell State Park beach access. Cherry Grove Township Park on Lake Mitchell is noted as being about 500 feet away, and Mitchell State Park is referenced for summer activities.

For buyers looking to build in place, the existing utilities and driveway easement help reduce early site preparation steps. The zoning and accessory building restriction are important to consider as well: an accessory building or garage cannot be built without a house or dwelling on the property.

Key Highlights

  • Improved 0.5‑acre wooded building site with seasonal view
  • Utilities in place: 2020 well, municipal sewer, and electric ($18,100 value)
  • Access includes an existing driveway via easement off M‑55; improved with 8x12 storage shed

Property Analytics

Current Use

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Hair Salon Grocery & Convenience Store (Bike/Boat/Book/etc) Store Building Supply Cafe & Coffee Shop Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

62
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Residentially zoned wooded lot with utilities in place, including a well, municipal sewer, electric, and an existing driveway via easement.
Where is this residential land & home lot located?
The property is located at E M-55 Cadillac, MI.
What is the asking price?
The asking price for this property is $49,900.
What are key features of this property?
This property features: Improved 0.5‑acre wooded building site with seasonal view; Utilities in place: 2020 well, municipal sewer, and electric ($18,100 value); Access includes an existing driveway via easement off M‑55; improved with 8x12 storage shed
More about this property
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