Operating Restaurant Business For
For Sale
$845,000
119 S Mitchell St, Cadillac, MI 49601
Fully renovated restaurant business opportunity in Cadillac, Michigan.
Property Size9,300 SF
Price / SF$90.86
Days on Market167
Property Features for 119 S Mitchell St
General Information
Standard status
Active
Size
9,300 SF
Building Details
Year Built
1880
Listing Agency:
Dwelling Realty - KW Northern Michigan
Listed By:
Brandon Ball · License #6502431240
(231) 690-4981
Source:
Katie-k
Added: Mar 26
Changed: Sep 8
Last Checked: Sep 8 at 6:10AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Dwelling Realty - KW Northern Michigan
Investment Insights
Based on property information with market context.
This is a fully operating restaurant business, available for a new owner. The building underwent a complete renovation in 2018 during the restaurant buildout. Renovations included mechanical systems, a second-floor deck addition, a sprinkler system, a full kitchen buildout, a full bar buildout, and a professionally designed full interior buildout. The restaurant was constructed with attention to kitchen workflow and efficient use of space, based on the owner's experience with previous restaurant ventures. The property size is 9300 square feet. The owner is willing to meet with prospects and provide insight to help with the transition. Financial information can be provided with a signed confidentiality agreement and a scheduled showing. The intended use of the property is for conventional restaurants and other restaurant businesses.
Key Highlights
- Fully renovated in 2018, including mechanicals, sprinkler system, kitchen, bar, and interior.
- Fully operating restaurant business ready for new owner.
- Restaurant build designed for perfect kitchen workflow and efficient use of space.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
770
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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 Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Fully renovated restaurant business opportunity in Cadillac, Michigan.
Where is this conventional restaurant located?
The property is located at 119 S Mitchell St Cadillac, MI.
What is the asking price?
The asking price for this property is $845,000.
What are key features of this property?
This property features: Fully renovated in 2018, including mechanicals, sprinkler system, kitchen, bar, and interior.; Fully operating restaurant business ready for new owner.; Restaurant build designed for perfect kitchen workflow and efficient use of space.
