115 Nelson StCadillac, MI 49601

  • Land
  • 0.08 AC
For Sale
$160,000 View listing

Property Details for 115 Nelson St

Lot size
0.08 AC
Property type
Land
Property subtype
Commercial land
APN
10-086-00-333-00
APU
100860033300

Description

This exceptional 3,600 square foot industrial warehouse is ideally situated just one block from Mitchell Street in the heart of downtown Cadillac, Michigan. The property boasts a convenient 50 x 72 foot building footprint, perfect for a variety of industrial uses. Key features include a truck-height loading dock for efficient material handling and a ground-level overhead door for easy access. The 0.14-acre lot provides ample space for unloading trucks and additional parking, enhancing operational efficiency. 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, allowing for efficient pallet stacking and maximizing storage capacity. Furthermore, the building benefits from a brand new roof, installed in the fall of 2024, ensuring long-term structural integrity and minimizing maintenance concerns. This turnkey property presents a rare opportunity to acquire a well-maintained, strategically located industrial space in a thriving downtown area. The combination of its size, features, and prime location makes it an attractive investment for businesses seeking a functional and accessible warehouse in Cadillac.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $755,737
    Hospitality
    $692,251
    Educational
    $575,945
    Medical
    $595,752
    Retail
    $895,914
115 Nelson St, Cadillac, Michigan

Location Insight

City
Cadillac
County
Wexford
State
Michigan
Latitude
44.2535
Longitude
-85.401
CBSA code
15620
CBSA name
CADILLAC, MI MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$441
-
-
$10,700
-
-
-
$21,400

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