2020 24 RdCadillac, MI 49601

Property Details for 2020 24 Rd

Lot size

0.43 AC

Property type

Other commercial real estate

APN

2310-33-2206

APU

2310332206

Description

This exceptional 3,300 square foot industrial property in Cadillac, MI, presents a unique investment opportunity. Located on a 0.43-acre lot at 2020 E 24, this established business boasts a strong reputation and consistent customer base. The property includes a fully operational convenience store and restaurant, renowned for its smoked BBQ and diverse menu. Recent renovations include new ovens, refrigeration units, and flooring, ensuring a smooth transition for new ownership. The business benefits from a prime location near numerous lakes and trailheads, attracting both local residents and tourists throughout the year. A significant advantage is the inclusion of a spacious four-bedroom apartment, ideal for owner occupancy or rental income. This versatile space adds considerable value to the overall investment. The existing liquor license will transfer upon closing, further enhancing the profitability of this turnkey operation. This is a rare chance to acquire a thriving business with significant growth potential in a desirable northern Michigan setting. The property is ready for immediate operation, offering a seamless transition for the new owner. The combination of a successful business and a substantial apartment makes this a truly exceptional opportunity. Don't miss this chance to own a piece of Cadillac's vibrant commercial landscape.

• Alternative Use

  Use

  Valuation

  Residential

  $3,915,826

  Hospitality

  $3,586,875

  Educational

  $2,984,238

  Medical

  $3,086,870

  Retail

  $4,642,148

Location Insight

City

Cadillac

County

Wexford

State

Michigan

Latitude

44.3528

Longitude

-85.5401

CBSA code

15620

CBSA name

CADILLAC, MI MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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