Strip Mall

Cadillac, MI Strip Malls for Sale

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Multi-Tenant Shopping Center
Updated: Aug 6
Multi-Tenant Shopping Center

1508 N Mitchell St, Cadillac, MI 49601

$2,340,000
47,945 sqft
47,945‑square‑foot multi‑tenant retail center built in 1980
91% leased with one vacant 25,000‑square‑foot anchor‑sized unit
Vacant suite includes commercial loading docks, inventory space, and storage areas
Several occupied units have been recently renovated and built out
Long‑term leases are in place with existing businesses
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Multi-Tenant Shopping Center
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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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Cadillac, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Retail Strip Mall with Drive-In Restaurant
Retail Strip Mall with Drive-In Restaurant

1030 S Mission, Mt Pleasant, MI 48858

$1,690,000
9,000 sqft 0.75 AC lot

The package includes tenant-occupied retail space alongside a former drive-in restaurant with equipment included.

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Brick Strip Mall Building
Brick Strip Mall Building

2190 Whitehall Road, Muskegon, MI 49445

$899,900
7,920 sqft 1.40 AC lot

Fully leased retail property with central air, forced-air heating, and five bathrooms.

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Mixed-Use Property with Restaurant
Mixed-Use Property with Restaurant

Mt Pleasant, MI 48858

$1,690,000
9,000 sqft

The offering combines a former drive-in restaurant with equipment and a strip mall whose business units are occupied.

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Tenant-Occupied Strip Mall
Tenant-Occupied Strip Mall

3104 Henry Street, Muskegon, MI 49441

Contact for pricing

Existing tenants are supported by reported lease terms ranging from 3–5 years.

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Cadillac, MI Strip Malls Market Trends and Statistics

Explore 2 strip malls for sale in Cadillac, MI on our real estate platform. These investment opportunities span a total of 92,045 square feet of properties for sale, with an estimated market value of $2,840,000.

Sale prices for retail strips in Cadillac, MI start at $500,000, averaging $1,420,000, 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.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 8
Shopping centers 7
Grocery and convenience stores 3
Automotive properties 1

Demographics Overview

Population 22K
Population Growth (5Y) +2.8%
Median Household Income $65,704
College Educated 33.9%

High-Yield Neighborhoods for Investment

Identify Cadillac submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
49601 $500K

Taxes & Financing

Tax Rate (average for all types) 3.67%
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Wexford County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale Retail pricing trends in Wexford County

Retail

Property Size Breakdown

The majority of commercial real estate listings in Cadillac fall within the 10,000 to 25,000 square foot range.

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