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    1800 M-55 Cadillac, MI 49601

    For Sale
    $499,000

    Versatile 10,833 sq ft industrial space, ideal for redevelopment.

    Property size:
    10,833 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This unique commercial property presents a remarkable opportunity for redevelopment. Situated on a 5.23-acre lot along a Class A road in Cadillac, Michigan, this property boasts exceptional visibility and convenient access. Previously used as a church, the expansive main building features an 80x80 foot steel-framed sanctuary, offering significant space for a variety of uses. Imagine transforming this structure into an event center, a new place of worship, or adapting it to suit your specific business needs. The property also includes two additional buildings, measuring 120x30 feet and 100x40 feet respectively. Both are equipped with essential utilities including water, electricity, and heat, adding to their versatility. One of these buildings, located on the west side of the property, holds potential for conversion into residential space, subject to local regulations. The property's location in Northern Michigan offers a desirable setting, just minutes from popular ski resorts and the vibrant west side of Cadillac. Ample paved parking is available, further enhancing the property's appeal. With its commercial zoning and substantial size, this property is primed for a variety of commercial ventures. Don't miss this chance to acquire a prime piece of real estate in a thriving area. The asking price is $499,000.

    Property Features for 1800 M-55

    General Information

    Property type
    Industrial properties
    Square Feet
    10,833 SF
    Lot Size
    227,819 SF

    Building Details

    Year Built
    1984
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Map

    City
    Cadillac
    County
    Wexford
    State
    Michigan
    Longitude
    -85.54092
    Latitude
    44.21632

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    FAQs

    What type of property is this?
    Industrial property - Versatile 10,833 sq ft industrial space, ideal for redevelopment.
    Where is this industrial property located?
    The property is located at 1800 M-55 Cadillac, MI.
    What is the asking price?
    The asking price for this property is $499,000.
    (231) 839-0077
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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
    1800 M-55 Cadillac, MI 49601
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