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Historic Mixed-Use Building
For Sale
$975,000

117 N Mitchell Street, Cadillac, MI 49601

Commercial Sale, Cadillac, MI

Property Size12,135 SF
Lot Size0.14 Acres
Price / SF$80.35
Days on Market351

Property Features for 117 N Mitchell Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description commercial
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 3, Bathroom 6, Bathroom 4, Bathroom 2, Bathroom 1, Basement, Bathroom 5
Elementary school district Cadillac
Middle school district Cadillac
High school district Cadillac
Directions Downtown Cadillac on west side of street between Mason & Harris.
Standard status Active
APN 10-086-00-027-00
Size 12,135 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 5 EXC W 25 FT OF LOT 5, BLK C MITCHELLS REVISED PLAT OF THE VILLAGE OF CLAM LAKE, CITY OF CADILLAC
Tax Annual Amount 11618
Legal Description LOT 5 EXC W 25 FT OF LOT 5, BLK C MITCHELLS REVISED PLAT OF THE VILLAGE OF CLAM LAKE, CITY OF CADILLAC

Utilities

Heating system Forced Air
Cooling system Central Air

Amenities

ADA-compliant
exposed brick walls
tall ceilings
large windows
individually metered utilities
individual HVAC

Building Details

Year built 1905
Floors in Building 3
Number of units 6
Building materials Brick
Listing Agency: Cb Schmidt - Cadillac
Listed By: Daniella M Bell · License #6506038329
Added: Oct 11, 2025 Changed: Sep 16 Last Checked: Sep 26 at 6:06AM
MLS# 26007115

Copyright © 2026 Michigan Regional Information Center, LLC. 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.

Built in 1905, this three-story mixed-use property contains 12,135 SF of leasable space and is constructed of brick. The building accommodates ground-level retail and upper-floor professional offices, with long-term tenants in place. Recent work includes electrical, flooring, paint, and mechanical improvements. Suites feature exposed brick, tall ceilings, large windows, individual gas and electric metering, and separate heating and cooling systems. A modern elevator serves all three floors and both front and rear entrances, with ADA-compliant access throughout.

The property is located at 117 N Mitchell Street in downtown Cadillac’s DDA district. On-street parking is available at the front, while a large public parking lot is accessible from the rear. Lake Cadillac, City Park, restaurants, retail businesses, and professional services are within walking distance. The site encompasses 0.14 acres.

Key Highlights

  • 12,135 SF of leasable area across three stories
  • Built in 1905 with brick construction
  • Modern elevator serves all three floors and front and rear entries

Property Analytics

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Current Use

Intermission Spa & Massage Center Jordan Balkema Elder ... Law Firm Blossoms Clothing Store Cornerstone Staffing Solutions Employment Agency Wexford Physician Hospital ... Medical Clinic

Suggested Use

Top Pick Spa & Massage Center Parking Lot & Garage Kitchen & Bath Showroom Auto Parts Store Big Box & Wholesale Store Nail Salon

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

Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

770
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three-story property with retail and office suites, elevator access, and separately metered utilities.
Where is this mixed-use property located?
The property is located at 117 N Mitchell Street Cadillac, MI.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 12,135 SF of leasable area across three stories; Built in 1905 with brick construction; Modern elevator serves all three floors and front and rear entries
More about this property
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