1800 M-55 Cadillac, MI 49601
This unique commercial property presents a remarkable opportunity for redevelopment. Situated on a 5.23-acre lot along a Class A road in Cadillac, Michigan, this property boasts exceptional visibility and convenient access. Previously used as a church, the expansive main building features an 80x80 foot steel-framed sanctuary, offering significant space for a variety of uses. Imagine transforming this structure into an event center, a new place of worship, or adapting it to suit your specific business needs. The property also includes two additional buildings, measuring 120x30 feet and 100x40 feet respectively. Both are equipped with essential utilities including water, electricity, and heat, adding to their versatility. One of these buildings, located on the west side of the property, holds potential for conversion into residential space, subject to local regulations. The property's location in Northern Michigan offers a desirable setting, just minutes from popular ski resorts and the vibrant west side of Cadillac. Ample paved parking is available, further enhancing the property's appeal. With its commercial zoning and substantial size, this property is primed for a variety of commercial ventures. Don't miss this chance to acquire a prime piece of real estate in a thriving area. The asking price is $499,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.