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Climate-Controlled Self-Storage Facility

207 E River Street, Cadillac, MI 49601

For Sale
New
$899,000

Commercial, Cadillac, MI

Property Size16,079 SF
Lot Size0.66 Acres
Price / SF$55.91
Days on Market3

Property Features for 207 E River Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Residential, Non-Conforming Use
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Parking features Parking Lot
Exterior features Steel
Lot features Freestanding
Directions From N Mitchell St (Bus. US-131) in downtown Cadillac, go east on E River St. Property is on E River St, two blocks north of Lake Cadillac.
Subdivision Wexford
Standard status Active
Size 16,079 SF
Lot size 0.66 Acres

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes
Business Included Yes

Additional Details

Property Use Self Storage

Taxes and HOA fees

Tax Description LOTS 2, 3, 4 & 5, BLK 218 CHITTENDEN & WHEELERS AD CITY OF CADILLAC
Legal Description LOTS 2, 3, 4 & 5, BLK 218 CHITTENDEN & WHEELERS AD CITY OF CADILLAC

Amenities

Ramp access
Timed controlled entry
Security system and cameras
Energy-efficient motion-activated lighting

Building Details

Building materials Block, Steel
Roof type Membrane
Buildings 1
Listing Agency: Manitou Commercial Real Estate, LLC
Listed By: Kevin Query · License MI #6502433236
Added: Nov 11 Last Checked: Nov 13 at 6:06AM
MLS# 1952464

Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This climate-controlled self-storage property contains 135 units with 14,831 SF of net rentable area in a 16,079 SF building on 0.66 acres. The layout includes 108 interior units on the ground floor, 26 second-floor mezzanine units measuring 10 by 20 feet, and one 15-by-15-foot exterior drive-up unit. An elevator serves the mezzanine level, and ramp access supports circulation. Additional features include timed entry controls, a security system with cameras, fire-suppression sprinklers, and motion-activated lighting.

The facility is at 207 E River Street in Cadillac, Michigan, two blocks north of Lake Cadillac and near N Mitchell Street (Business US-131). Occupancy was 83% as of November 2026. The sale includes the real estate, self-storage equipment, and Cadillac National Storage business.

Key Highlights

  • 135 units with 14,831 SF net rentable area in a 16,079 SF building
  • 0.66‑acre site with 108 ground‑floor interior units, 26 mezzanine units, and one exterior drive‑up unit
  • Second‑floor 10x20 mezzanine units served by an elevator

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Cadillac National Storage Storage Facility

Suggested Use

Top Pick Skin Care Clinic Parking Lot & Garage Dental Office Kitchen & Bath Showroom HVAC Service Grocery & Convenience 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

83%
Occupancy
Turnkey business
Opportunity
Yes
Sprinkler system
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

619
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Self storage facility - A mix of interior, mezzanine, and drive-up units is supported by elevator service, controlled entry, and on-site security.
Where is this self storage facility located?
The property is located at 207 E River Street Cadillac, MI.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 135 units with 14,831 SF net rentable area in a 16,079 SF building; 0.66‑acre site with 108 ground‑floor interior units, 26 mezzanine units, and one exterior drive‑up unit; Second‑floor 10x20 mezzanine units served by an elevator
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