Mixed-Use Retail and Residential
For Sale
$219,000
216 S Mitchell Street, Cadillac, MI 49601
COMMERCIAL - Cadillac, MI
Property Size3,300 SF
Lot Size0.10 Acres
Price / SF$66.36
Days on Market160
Property Features for 216 S Mitchell Street
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning description
Mixed Use
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bathroom 2, Bathroom 3, Basement
Parking
4
Elementary school district
Cadillac
Middle school district
Cadillac
High school district
Cadillac
Directions
South Mitchell St. to property on the West Side.
Standard status
Active
APN
10-086-00-004-00
Size
3,300 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
S 1/2 LOT 3, BLK A MITCHELLS REVISED PLAT OF THE VILLAGE OF CLAM LAKE CITY OF CADILLAC
Tax Annual Amount
1986
Legal Description
S 1/2 LOT 3, BLK A MITCHELLS REVISED PLAT OF THE VILLAGE OF CLAM LAKE CITY OF CADILLAC
Utilities
Heating system
Radiant
Cooling system
Central Air
Building Details
Year built
1946
Floors in Building
2
Number of units
3
Building materials
Block
Roof type
Composition, Rubber
Listing Agency:
Coldwell Banker Schmidt Cadillac
(231) 775-1737
Listed By:
Amy S Wagner · License #6501292551
(231) 633-6371
Added: Mar 14
Changed: Aug 4
Last Checked: Aug 20 at 10:06PM
MLS# 26010175
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use commercial building offers retail space on the main level along with two residential apartments on the upper level. The property is configured to support both storefront operations and income-producing living units within the same address, providing an owner-operator or multi-tenant setup. With approximately 3,300 square feet of total building area on a 0.1-acre lot, the offering combines street-level commercial use with upstairs residential space.
Located at 216 S Mitchell Street in downtown Cadillac, the building is positioned for street-facing exposure. The area is described as surrounded by local shops, restaurants, and businesses, supporting a walkable mix of neighborhood services and commercial activity.
For tenants and buyers, the ground-floor layout can suit a retail or commercial storefront needing direct visibility, while the two upstairs apartments add residential utility under one ownership structure. This setup can appeal to business owners seeking on-site commercial space with residential income, as well as investors looking for a mixed-use property with both commercial and residential components. Please review the configuration and intended use details with the listing broker prior to making a commitment.
Located at 216 S Mitchell Street in downtown Cadillac, the building is positioned for street-facing exposure. The area is described as surrounded by local shops, restaurants, and businesses, supporting a walkable mix of neighborhood services and commercial activity.
For tenants and buyers, the ground-floor layout can suit a retail or commercial storefront needing direct visibility, while the two upstairs apartments add residential utility under one ownership structure. This setup can appeal to business owners seeking on-site commercial space with residential income, as well as investors looking for a mixed-use property with both commercial and residential components. Please review the configuration and intended use details with the listing broker prior to making a commitment.
Key Highlights
- Mitchell St mixed‑use building with main‑level commercial space and two income‑producing residential apartments upstairs
- Built in 1946 with block construction
- Central air cooling and radiant heating
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
815
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Ground-floor retail space with two upstairs residential apartments in downtown Cadillac.
Where is this mixed-use property located?
The property is located at 216 S Mitchell Street Cadillac, MI.
What is the asking price?
The asking price for this property is $219,000.
What are key features of this property?
This property features: Mitchell St mixed‑use building with main‑level commercial space and two income‑producing residential apartments upstairs; Built in 1946 with block construction; Central air cooling and radiant heating
