Cadillac, MI Strip malls 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: 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 10 Potential Opportunities for your consideration. Besides 2 Active listings in Cadillac, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

Mini Strip Mall with Highway Frontage

317 S Main St, Standish, MI 48658

$379,000

9,798 sqft 0.87 AC lot

Mini strip mall featuring multiple tenant suites and substantial paved parking with municipal water and sewer.

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Mini Strip Mall with Restaurant Tenants

317 S Main, Standish, MI 48658

$379,000

9,798 sqft 0.87 AC lot

9,600 SF mini strip mall with 130 ft highway frontage, paved parking, and multiple income-producing tenants.

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Multi-Tenant Retail Strip Center

4445-4493 E. Blue Grass Road, Mount Pleasant, MI 48858

Contact for pricing

29,799 sqft 5.26 AC lot

Retail strip center with national tenants and value-add potential.

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Retail Strip Center with End-Cap

2003 S Mission St, Mount Pleasant, MI 48858

Contact for pricing

5,600 sqft

Three-tenant retail strip center on a busy corridor, with an end-cap suite currently available for lease.

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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.

Commercial Land in High-Traffic Area

12611 James Street, Holland, MI 49424

$595,000

2.03 AC lot

2.03 acres of commercial land in a bustling retail area.

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Commercial Land on Corunna Road

Flint, MI 48532

$99,900

2.40 AC lot

2.40-acre commercial land parcel with C2 zoning.

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Prime Commercial Land Opportunity

Brookley Road, Jackson, MI 49202

$1,499,010

5.12 AC lot

5. 5 acres at I-94 and Cooper Street.

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Prime Commercial Land Near US-23

Arkona Road, Milan, MI 48160

$1,900,000

18.53 AC lot

18.53 acre commercial land parcel with US-23 visibility.

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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 47,945 square feet of properties for sale, with an estimated market value of $4,680,000.

Sale prices for retail strips in Cadillac, MI average $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.

Cadillac, MI Strip Malls for Sale

1508 N Mitchell Street, Cadillac, MI 49601

1508 N Mitchell Street, Cadillac, MI 49601