Multi-Tenant Retail Center

1508 N Mitchell Street Cadillac Cadillac, MI 49601

Claim this Listing
New
For Sale
$2,340,000

91% leased multi-tenant mall with one vacant anchor-sized space, loading docks, inventory, and storage.

Added:
Jul 10, 2026
Days on Market:
2
Last Refresh:
Jul 11 at 1:55 am

Property Features for 1508 N Mitchell Street Cadillac

General Information

Standard status
Active

Building Details

Year Built
1980

Listing office

Listing date Jul 10, 2026

Source City2shore

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 Ronald Villerius


Investment Insights

Based on property information with market context.

The Mitchell Street Mall is a multi-tenant retail center offered for sale as a stable, 91% leased asset. The property is described as well-constructed and maintained, with most units recently renovated and built out. Long-term leases are in place with stable businesses across the occupied spaces.

The center includes one vacant unit sized as an anchor store at approximately 25,000 square feet, presented as a turnkey major store space. It features commercial loading docks, inventory space, and storage areas, and is noted as previously operating as a JC Penny. The property is located at 1508 N Mitchell Street in Cadillac, Michigan.

Annual gross income is reported to exceed $270,000, and the offering highlights the upside from the single vacancy within the otherwise leased portfolio.

Key Highlights

  • 91% leased multi‑tenant retail mall with one vacant anchor‑sized space
  • Anchor store unit is 25,000 SF and includes commercial loading docks, inventory space, and storage (previously JC Penney)
  • Annual gross income exceeds $270,000

Property Analytics

Location Intelligence

Current Use by Public Records

Shopping centers

Suggested Use

Real Estate Agency Dental Office HVAC Service Kitchen & Bath Showroom Parking Lot & Garage (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Locksmith Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Shopping center - 91% leased multi-tenant mall with one vacant anchor-sized space, loading docks, inventory, and storage.
Where is this shopping center located?
The property is located at 1508 N Mitchell Street Cadillac Cadillac, MI.
What is the asking price?
The asking price for this property is $2,340,000.
What are key features of this property?
This property features: 91% leased multi‑tenant retail mall with one vacant anchor‑sized space; Anchor store unit is 25,000 SF and includes commercial loading docks, inventory space, and storage (previously JC Penney); Annual gross income exceeds $270,000
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message