Cadillac, MI Shopping centers for sale

Updated: Jan 18

Multi-Tenant Retail Strip Mall

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: Apr 16, 2025

Multi-Tenant Shopping Center

2100 North Mitchell Street, Cadillac, MI 49601

$500,000

44,100 sqft

211,235 SF total GLA, including a 206,527 SF strip center and 4,708 SF outparcel building
89.5% leased with anchors including Big Sandy, Dollar Tree, Dunham’s Sports, B2 Outlet, Shoe Sensation, Starbucks, and T‑Mobile
2022 capital improvements included parking, roof, and facade work
Main retail center built in 1989; 2‑tenant outparcel building constructed in 2018
Multiple ingress‑egress points, ample parking, and multiple pylon signs

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Remodeled Shopping Center Anchor Space

1550 Mitchell Street, Cadillac, MI 49601

Contact for pricing

22,635 sqft

Remodeled large-format retail space within a fully occupied mall with retail, service, and food-service tenants.

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Multi-Tenant Retail Center

1508 N Mitchell Street, Cadillac, MI 49601

$2,340,000

91% leased multi-tenant mall with one vacant anchor-sized space, loading docks, inventory, and storage.

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Refreshed Retail Shopping Center Space

3970 Mackinaw Trail, Cadillac, MI 49601

Contact for pricing

1,191 sqft

Build-out-ready commercial space with customer parking in front and employee parking at the rear.

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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 5 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

Opportunities in Nearby Cities

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

Four-Tenant NNN Commercial Property

2751 N US-31 S, Traverse City, MI 49684

$2,390,000

13,550 sqft 1.28 AC lot

Fully occupied commercial property with four tenants and true triple-net leases along US-31.

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Multi-Tenant NNN Property

4528 E Ludington Ave, Ludington, MI 49431

Contact for pricing

5,648 sqft 1.20 AC lot

Three established occupants operate under long-term triple-net lease agreements with option periods.

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Retail End Cap with Back Service Door

S 867 S US-31 Unit SourceFi, Traverse City, MI 49685

Contact for pricing

1,440 sqft

Endcap storefront with big windows and a service door providing access to a back lot for deliveries and parking.

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Retail Center with Highway Frontage

4743 W Us Highway 10, Ludington, MI 49431

$1,975,000

19,300 sqft

Commercially zoned space positioned opposite a Walmart Supercenter within a major retail corridor.

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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 7 shopping centers for sale in Cadillac, MI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 115,871 square feet of properties for sale, with an estimated market value of $5,180,000.

Sale prices for plazas in Cadillac, MI start at $500,000, averaging $1,726,666, 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	$1.7M

Neighborhood

Average Price

49601

$1.7M