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Retail Building with Attached Storage

2850 E M 115, Cadillac, MI 49601

For Sale
New
$495,000

Separate entrances and heating systems allow the interior to function as two commercial suites.

Property Size5,760 SF
Lot Size15.03 Acres
Price / SF$85.94
Days on Market7

Property Features for 2850 E M 115

General Information

Standard status Active
Size 5,760 SF
Lot size 15.03 Acres

Site & Location

Highway Access Yes
Road Access Yes
Outdoor Storage Yes
Utilities to Site Yes

Additional Details

Currently Operating Yes
Property Use Hardware Store

Building Details

Buildings 2
Listing Agency: ERA Greater North Properties
Listed By: Rebekka Crawford · License #6506047836
Source: Exprealty
Added: Nov 3 Changed: Nov 8 Last Checked: Nov 8 at 4:33PM

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 ERA Greater North Properties

Rey
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Investment Insights

Based on property information with market context.

The 5,760-square-foot retail building sits on 15.03 acres along M-115. Its interior has two entrances, two furnaces, air conditioning, and two bathrooms, with a layout that can be separated into independent commercial areas. A new roof was installed in 2024, and LED lighting has been updated throughout. The attached 40-by-40-foot pole barn is unheated; a 40-by-40-foot concrete pad is positioned outside the barn end of the building.

The property is north of Cadillac, with highway frontage on M-115. Underground electric serves the site, fiber-optic internet is connected, and power is available at the highway sign. The sale is for real estate only. Gondola shelving, barn pallet racking, security cameras, and a forklift are included; inventory, POS equipment, and two wooden counters are excluded.

Key Highlights

  • 15.03 acres with frontage on M‑115, north of Cadillac
  • 5,760‑square‑foot retail building with two entrances and two furnaces
  • Interior can be divided into two independent commercial areas

Property Analytics

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

Current Use

Retail space

Suggested Use

Top Pick Building Supply Storage Facility Auto Repair Shop Pet 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

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

6
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?
Retail space - Separate entrances and heating systems allow the interior to function as two commercial suites.
Where is this retail space located?
The property is located at 2850 E M 115 Cadillac, MI.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 15.03 acres with frontage on M‑115, north of Cadillac; 5,760‑square‑foot retail building with two entrances and two furnaces; Interior can be divided into two independent commercial areas
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