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    2721 Sunnyside Dr Cadillac, MI 49601

    Sponsored
    For Sale
    $525,000

    Prime Cadillac Office, High ROI Potential

    Property size:
    4,054 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 4,054 square foot office building presents a compelling investment opportunity in Cadillac, Michigan. Situated on a 0.93-acre lot, this property enjoys a convenient location, just a short drive from the city's downtown area. Completely renovated in 2018, the building boasts significant curb appeal and an attractive aesthetic. The interior layout is highly functional, featuring 16 individual offices, a spacious bullpen area perfect for collaborative work, and three well-appointed conference rooms. Additional amenities include a convenient kitchenette, a dedicated mailroom, and three restrooms strategically placed throughout the building for employee convenience. Two separate reception areas provide ample space for greeting clients and visitors. A partially finished basement offers a large, finished meeting space, ideal for larger gatherings or presentations, along with substantial unfinished storage space to accommodate various needs. The property's strong financial performance is highlighted by a projected 9.05% capitalization rate in the first year, based on the existing lease agreement with the current tenant. This makes it an attractive proposition for investors seeking a stable and profitable addition to their portfolio. The combination of prime location, modern updates, and strong financial projections makes this Cadillac office building a truly exceptional investment opportunity.

    Property Features for 2721 Sunnyside Dr

    General Information

    Property type
    Investment properties
    Square Feet
    4,054 SF
    Lot Size
    40,511 SF

    Building Details

    Year Built
    1999
    Property Profile Location Intelligence

    Current Use by Public Records

    Coldwell Banker Schmidt ... Real Estate Agency Kathryn Schuster- Coldwell ... Real Estate Agent Daniella Bell Group Real Estate Agency Jeff and Amy Wagner Real Estate Agent Cadillac, MI Real ... Real Estate Agency

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Hair Salon Clothing Store Hotel & Motel Department Store Food Market Storage Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cadillac
    County
    Wexford
    State
    Michigan
    Longitude
    -85.45457
    Latitude
    44.23447

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    FAQs

    What type of property is this?
    Investment property - Prime Cadillac Office, High ROI Potential
    Where is this investment property located?
    The property is located at 2721 Sunnyside Dr Cadillac, MI.
    What is the asking price?
    The asking price for this property is $525,000.
    (231) 922-2350
    Request Owner's contact information
    2721 Sunnyside Dr Cadillac, MI 49601
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2721 Sunnyside Dr Cadillac, MI 49601
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