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Mixed-Use Corner Retail Building
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215 S Mitchell Street, Cadillac, MI 49601

Corner retail location with street and on-site parking, plus over 4,000 sf of undeveloped street-level space and an outdoor patio.

Property SizeContact for details
Days on Market136

Property Features for 215 S Mitchell Street

General Information

Standard status Active
Property subtype Mixed Use

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Multifamily Units 42
Listing Agency: Coldwell Banker Commercial Schmidt Realtors
Listed By: Daniella Bell · License #6506038329
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 20 at 10:10PM

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 Coldwell Banker Commercial Schmidt Realtors

Investment Insights

Based on property information with market context.

This mixed-use corner building in Downtown Cadillac includes street-level retail space and over 4,000 sf of undeveloped area available for new businesses. Above the retail, the property features 42 residential lofts across three floors, with an outdoor patio at the front.

The building sits on a busy corner at a traffic light, with street and on-site parking available. The property description also notes exposure to pedestrian activity and proximity to the Rotary Pavilion, the Farmers Market, and Cadillac Commons, along with access to customers visiting the city docks off Lake Cadillac.

Additional development is described as planned for late 2021 or early 2022, with another building intended to add 42 residential units. The listing indicates the site is positioned at the light where traffic turns onto M-55 heading east out of town toward US-131.

Key Highlights

  • Corner Downtown Cadillac retail location at a traffic light with street and on‑site parking
  • Over 4,000 SF of undeveloped street‑level space available for new businesses
  • Building includes 42 residential lofts across 3 floors (ideal for customer base below)

Property Analytics

Current Use

Wine and Canvas Cadillac Vocational School Painting and Vine LLC Training Center Apple Valley Natural ... (Bike/Boat/Book/etc) Store Country Cottage Decor Home Decor Store

Suggested Use

Top Pick Parking Lot & Garage Bakery (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Storage Facility Carpet & Flooring Store

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

42
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

792
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 Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Corner retail location with street and on-site parking, plus over 4,000 sf of undeveloped street-level space and an outdoor patio.
Where is this apartment building located?
The property is located at 215 S Mitchell Street Cadillac, MI.
What are key features of this property?
This property features: Corner Downtown Cadillac retail location at a traffic light with street and on‑site parking; Over 4,000 SF of undeveloped street‑level space available for new businesses; Building includes 42 residential lofts across 3 floors (ideal for customer base below)
(231) 920-3264 Call to check price and availability
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