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Historic Downtown Office Building
For Sale
$975,000

117 N Mitchell Street, Cadillac, MI 49601

COMMERCIAL - Cadillac, MI

Property Size12,135 SF
Lot Size0.14 Acres
Price / SF$80.35
Days on Market313

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, Basement, Bathroom 4, Bathroom 2, Bathroom 1, 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

exposed brick walls
tall ceilings
large windows
individually metered utilities
separate heating and cooling systems

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: Aug 4 Last Checked: Aug 19 at 1:06PM
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.

The Kramer Building is a three-story, income-producing property offering over 12,000 square feet of leasable area in downtown Cadillac. The building combines historic character with recent interior and mechanical updates, including improvements to electrical, flooring, paint, and mechanical systems. Many suites feature exposed brick walls, tall ceilings, and large windows. Each suite is individually metered for gas and electric and includes its own heating and cooling system. The property is ADA-compliant with a modern elevator system providing accessibility to all three floors.

The elevator serves both front and rear entries, supporting access for ground-level retail as well as upper-level office suites. Parking is available at the front door on-street, and there is direct access to a large public parking lot at the rear.

Located in the Downtown Development Authority (DDA) district, the building is positioned in the heart of downtown Cadillac, with walkability to Lake Cadillac and local public amenities and commercial services.

Key Highlights

  • Income‑producing property with over 12,000 SF of leasable space and long‑term tenants, offering strong returns.
  • Prime downtown Cadillac location within the active Downtown Development Authority (DDA) district.
  • ADA‑compliant with a modern elevator providing full accessibility to all three floors.

Property Analytics

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 Gym & Fitness Center 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
Utilities to site

Location Intelligence

Trade Area within ½ mile

284
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

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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Three-story office building with ADA elevator access, individual suite utility metering, and on-street and rear parking access.
Where is this office building 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: Income‑producing property with over 12,000 SF of leasable space and long‑term tenants, offering strong returns.; Prime downtown Cadillac location within the active Downtown Development Authority (DDA) district.; ADA‑compliant with a **modern elevator providing full accessibility to all three floors**.
More about this property
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