Cadillac, MI Shopping centers for sale

Updated: Jan 18

Mitchell Street Mall Investment Opportunity

1508 N Mitchell Street, Cadillac, MI 49601

$2,340,000

47,945 sqft 8.94 AC lot

High Cash‑on‑Cash Return: Offers almost a 20% return.
Strong Cap Rate: Features a current 8+% cap rate.
High Occupancy: Currently 91% leased, providing stable income.
Anchor Tenant Opportunity: Includes a large, vacant 25,000 sq ft anchor store space ready for immediate occupancy or development.
High Traffic Location: Situated in a high‑traffic corridor in Cadillac.

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Updated: Jul 10

Multi-Tenant Retail Center

1508 N Mitchell Street, Cadillac, MI 49601

$2,340,000

91% leased multi‑tenant retail mall with one vacant anchor‑sized space
Anchor store unit is 25,000 SF and includes commercial loading docks, inventory space, and storage (previously JC Penney)
Annual gross income exceeds $270,000
Most units have been recently renovated and built out
Long‑term leases in place with stable businesses

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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 2 Active listings in Cadillac, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Retail Space Near Cherryland Mall

1712 S. Garfield Ave, Traverse City, MI 49686

Contact for pricing

4,168 sqft

Retail space available in busy Traverse City shopping corridor.

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Retail Plaza with Multiple Units

7342 N Alger Road, Alma, MI 48801

$2,100,000

15,480 sqft 1.90 AC lot

Multi-unit retail plaza with 11 units and 15,480 square feet positioned directly in front of Meijer.

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SCA Plaza Investment Opportunity

Alma, MI 48801

$2,100,000

15,480 sqft 1.90 AC lot

Prime commercial property with high visibility and versatile space.

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Retail Center on Bustling Corridor

3315-3333 S. US-31 |, Traverse City, MI 49684

Contact for pricing

Shopping center drawing customers from a 22-county area.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Development Land Near M-32 Frontage

VL W M-32, Gaylord, MI 49735

$399,900

34.84 AC lot

34.84 acres development site with M-32 frontage and drive easement.

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Norton Shores Development Opportunity

1404 E Ellis Road, Norton Shores, MI 49444

$1,450,000

23.63 AC lot

23-acre development site at US-31 and Ellis Road.

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Muskegon Land Near Lakes Mall

2025 E Sternberg Road, Muskegon, MI 49444

$1,250,000

11.60 AC lot

11 acres near Lakes Mall, suitable for development.

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Norton Shores Commercial Land Available

6561 Grand Haven Road, Norton Shores, MI 49441

$525,000

5.75 AC lot

5.75 acres of retail/commercial land in Norton Shores, Michigan.

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Off-Market Properties in Cadillac, MI

Consider similar Off-Market properties in Cadillac, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Shopping centers

2100 Mitchell St, Cadillac, MI 49601

Value Estimation by Request

96,600 sqft

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Lifestyle centers

8873 Boon Rd, Cadillac, MI 49601

Value Estimation by Request

35,608 sqft

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Cadillac, MI Shopping Centers Market Trends and Statistics

Explore 4 shopping centers for sale in Cadillac, MI on our real estate platform. These investment opportunities span a total of 47,945 square feet of properties for sale, with an estimated market value of $2,340,000.

Sale prices for plazas in Cadillac, MI start at $2,340,000, averaging $2,340,000, and reaching up to $2,340,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
49601	$2.3M

Neighborhood

Average Price

49601

$2.3M

Cadillac, MI Shopping Centers for Sale

1508 N Mitchell Street, Cadillac, MI 49601

1508 N Mitchell Street, Cadillac, MI 49601