Nelson St Cadillac, MI 49601
This exceptional 3,600 square foot warehouse, situated on a 0.14-acre lot just one block from Mitchell Street in downtown Cadillac, Michigan, presents a compelling investment opportunity. The building boasts a convenient truck-height loading dock and a ground-level overhead door, ensuring efficient loading and unloading operations. Ample additional space on the lot provides valuable room for parking or staging materials. Inside, the warehouse offers generous ceiling heights, with 9 feet of clearance under the roof beams and a full 15 feet of height between the beams, ideal for efficient pallet stacking and maximizing storage capacity. The property benefits from a significant recent improvement: a completely new roof installed in the fall of 2024, eliminating immediate roof-related maintenance concerns and ensuring long-term structural integrity. Its prime downtown location offers excellent visibility and accessibility, making it suitable for a variety of commercial uses. The combination of functional design, convenient location, and recent upgrades makes this warehouse a highly attractive proposition for businesses seeking a well-maintained and strategically positioned space in the heart of Cadillac. The asking price is $160,000.
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
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