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    Nelson St Cadillac, MI 49601

    Sponsored
    For Sale
    $160,000

    Spacious warehouse, excellent access, new roof.

    Property size:
    3,600 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    342
    This exceptional 3,600 square foot warehouse, situated on a 0.14-acre lot just one block from Mitchell Street in downtown Cadillac, Michigan, presents a compelling investment opportunity. The building boasts a convenient truck-height loading dock and a ground-level overhead door, ensuring efficient loading and unloading operations. Ample additional space on the lot provides valuable room for parking or staging materials. Inside, the warehouse offers generous ceiling heights, with 9 feet of clearance under the roof beams and a full 15 feet of height between the beams, ideal for efficient pallet stacking and maximizing storage capacity. The property benefits from a significant recent improvement: a completely new roof installed in the fall of 2024, eliminating immediate roof-related maintenance concerns and ensuring long-term structural integrity. Its prime downtown location offers excellent visibility and accessibility, making it suitable for a variety of commercial uses. The combination of functional design, convenient location, and recent upgrades makes this warehouse a highly attractive proposition for businesses seeking a well-maintained and strategically positioned space in the heart of Cadillac. The asking price is $160,000.

    Property Features for Nelson St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,600 SF
    Lot Size
    6,098 SF

    Building Details

    Year Built
    1941
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cadillac
    County
    Wexford
    State
    Michigan
    Longitude
    -85.40092
    Latitude
    44.2533

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    FAQs

    What type of property is this?
    Commercial real estate - Spacious warehouse, excellent access, new roof.
    Where is this commercial real estate located?
    The property is located at Nelson St Cadillac, MI.
    What is the asking price?
    The asking price for this property is $160,000.
    (231) 842-1200
    Request Owner's contact information
    Nelson St 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
    Nelson St Cadillac, MI 49601
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