Property profile

117 N Mitchell St Cadillac, MI 49601

FOR SALE
Office buildings
Property ID
US43-2790482
12,135 SF
Entity Owned 8-yr Hold
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Property summary

AI-generated overview

This modern commercial space is located in Downtown Cadillac with frontage/access from Mitchell Street and a secondary rear access from an alley that provides parking. The interior comprises approximately 950 sq ft with an open floor plan and a larger store/primary customer area, supporting flexible layout options. Barrier-free entry is available via an elevator, with an alternate access route to the hallway requiring five steps. The space is configured for office or retail use.

Property profile

Verified
Property type Office buildings
Total area 12,135 SF
UPID US43-2790482

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Spa & Massage Center Skin Care Clinic
  • Law Firm
  • Clothing Store
  • Employment Agency
  • Medical Clinic

Location

117 N Mitchell St Cadillac, MI 49601
Cadillac metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

since 2018
2 recorded transactions
2019
Price N/A
2018
$265,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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