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Retail Space with Cold Storage
For Lease
$4,000/Mo

414 S Mitchell St, Cadillac, MI 49601

Two-parcel commercial property combines a finished showroom with a separate cold-storage building and service areas.

Space Size5,990 SF
Lot Size0.68 Acres
Days on Market130

Property Features for 414 S Mitchell St

General Information

Standard status Active
Size 5,990 SF
Net Rentable 5,990 SF
Lot size 0.68 Acres
Property subtype Commercial

Space & Availability

Contiguous Space 5,990 SF
Space Use Retail
Sublease No

Lease Terms

Lease Rate $4,000 /USD/MO
Flexible Term Yes

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $5,130

Building Details

Year Built 1971
Building Size 5,990 SF
Listing Agency: REO-Cadillac-233028
Listed By: Michelle R Maidens · License #6506045786
Source: Elliman
Added: Apr 24 Changed: Aug 31 Last Checked: Aug 31 at 12:29AM

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 REO-Cadillac-233028

Investment Insights

Based on property information with market context.

This retail property includes two parcels totaling approximately 0.68 acres in Cadillac. The primary building at 414 S. Mitchell Street contains approximately 5,990 square feet, with a tiled showroom, rear service and shop area, storage room, lounge, two restrooms, and a small mechanical mezzanine. A separate building at 420 S. Mitchell Street provides approximately 2,352 square feet currently configured for cold storage.

The property is positioned on the south end of Cadillac along S. Mitchell Street, with traffic exposure and a walkable setting reflected by a walk score of 71 and bike score of 43. The combination of retail display space, operational areas, storage, and a separate cold-storage building creates a flexible commercial configuration for a range of retail-oriented operations.

Key Highlights

  • Approximately 0.68 acres across two parcels
  • Approximately 5,990 SF retail building at 414 S. Mitchell Street
  • Tiled showroom with rear service/shop area, storage, lounge, two restrooms, and mechanical mezzanine

Property Analytics

Current Use

Lark Lawn & Garden ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Parking Lot & Garage Kitchen & Bath Showroom Skin Care Clinic Carpet & Flooring Store HVAC Service (Bike/Boat/Book/etc) 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
Paved road access
NNN (Triple Net)
Lease Type
$1.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

792
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

Market

Lease Benchmarks for Cadillac, MI

$10.35 /SF/Yr
Avg Asking Price
$7.87–$14.25 /SF/Yr
Price Range
6,621 SF
Avg Space Size

This space is priced 23% below the average of $10.35 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Two-parcel commercial property combines a finished showroom with a separate cold-storage building and service areas.
Where is this retail space located?
The property is located at 414 S Mitchell St Cadillac, MI.
What is the lease rate?
The lease rate is $4,000/Mo.
What are key features of this property?
This property features: Approximately 0.68 acres across two parcels; Approximately 5,990 SF retail building at 414 S. Mitchell Street; Tiled showroom with rear service/shop area, storage, lounge, two restrooms, and mechanical mezzanine
More about this property
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