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Former Rite Aid in Cadillac
For Sale
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720 S Mitchell St, Cadillac, MI 49601

Spacious retail property in a bustling Cadillac location.

Property Size11,440 SF
Price / SF$113.64
Days on Market673

Property Features for 720 S Mitchell St

General Information

Standard status Active
Size 11,440 SF
Property subtype Retail
Zoning B-3
Listing Agency: Keystone Commercial Real Estate
Listed By: Kevin Berke · License #MI 6501351904
Source: Crexi
Added: Oct 18, 2024 Changed: Aug 20 Last Checked: May 12 at 10:42PM

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 Keystone Commercial Real Estate

Investment Insights

Based on property information with market context.

The property at 720 S Mitchell St, Cadillac, MI, formerly a Rite Aid, offers an investment or leasing opportunity. The property is a single unit tailored for retail use. It is suitable for investors or tenants looking to establish a presence in the Cadillac area. The property has a size of 11440 square feet.

Key Highlights

  • Spacious single unit suitable for retail.
  • Prime investment or leasing opportunity.
  • Located in the bustling Cadillac, MI area.

Property Analytics

Current Use

Rite Aid Pharmacy Grand Traverse Vapor (Bike/Boat/Book/etc) Store DigitalMint Bitcoin ATM ... Atm Western Union Bank Coinhub Bitcoin ATM ... Atm

Suggested Use

Top Pick Parking Lot & Garage Skin Care Clinic Dental Office Kitchen & Bath Showroom HVAC Service Carpet & Flooring 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.

Location Intelligence

Trade Area within ½ mile

660
Businesses Nearby
Well-served
Demand for This Use

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Philip Connor 720 S Mitchell St, Cadillac, MI 496012512
  • Jana Kochanny 602 S Mitchell St, Cadillac, MI 496012510
  • Karin Elenbaas 720 S Mitchell St, Cadillac, MI 496012512
  • Family Fare Pharmacy 602 S Mitchell St, Cadillac, MI 49601
  • Rite Aid Pharmacy 720 S Mitchell St, Cadillac, MI 49601

Frequently Asked Questions

What type of property is this?
Drug store - Spacious retail property in a bustling Cadillac location.
Where is this drug store located?
The property is located at 720 S Mitchell St Cadillac, MI.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Spacious single unit suitable for retail.; Prime investment or leasing opportunity.; Located in the bustling Cadillac, MI area.
(248) 406-7113 Call to check price and availability
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