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    309 Mitchell St Cadillac, MI 49601

    Sponsored
    For Sale
    $239,900

    Thriving Salon Business & Real Estate

    Property size:
    2,050 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional opportunity presents a 2,050 sq ft industrial property in downtown Cadillac, MI, encompassing a well-established and profitable salon. The property, situated on a 0.08-acre lot, boasts a blend of historic charm and modern updates, creating a unique and inviting atmosphere. The salon offers a diverse range of services including hair styling, barbering, nails, massage, and makeup, supported by an experienced team of stylists and a barber. The business is turnkey, including all equipment, and presents significant growth potential. The building features convenient on-site parking for employees, with additional street and nearby city parking available. Its prime downtown location ensures high visibility and foot traffic. The property is ADA compliant. Financial statements are available upon request. This is a rare chance to acquire a thriving business and a piece of Cadillac's history, ideal for an owner-operator or investor seeking a profitable venture in a growing area. The asking price is $239,900.

    Property Features for 309 Mitchell St

    General Information

    Property type
    Industrial properties
    Square Feet
    2,050 SF
    Lot Size
    3,485 SF

    Building Details

    Year Built
    1918
    Location Intelligence

    Current Use by Public Records

    New Image Hair ... Beauty Salon Hot Traxx Djs ... Bar

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Cadillac
    County
    Wexford
    State
    Michigan
    Longitude
    -85.40157
    Latitude
    44.25231

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    FAQs

    What type of property is this?
    Industrial property - Thriving Salon Business & Real Estate
    Where is this industrial property located?
    The property is located at 309 Mitchell St Cadillac, MI.
    What is the asking price?
    The asking price for this property is $239,900.
    (231) 775-1737
    Request Owner's contact information
    309 Mitchell 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
    309 Mitchell St Cadillac, MI 49601
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