Multi-Tenant Retail
1508 N Mitchell Street Cadillac Cadillac, MI 49601
1508 N Mitchell Street Cadillac, Cadillac, MI, 49601
$2,340,000
For Sale
$2,340,000
91% leased multi-tenant mall with one vacant anchor-sized space, loading docks, inventory, and storage.
Days on Market9
Property Features for 1508 N Mitchell Street Cadillac
General Information
- Standard status
- Active
Building Details
- Year Built
- 1980
Listing Agency
(616) 662-9664
Listed by
Ronald Villerius
(616) 662-9664
Source
City2shore
Added: Jul 10 Checked: Jul 17 at 2:42 am
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.
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
Similar For Sale Nearby
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
