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1012 Seneca Pl
Cadillac, MI 49601
Industrial Property For Sale
EXECUTIVE SUMMARY
Introducing an exceptional industrial opportunity - This 2,104 SF building, zoned Light Industrial, is a prime investment for industrial, warehouse, and distribution purposes. Strategically located in the bustling Cadillac area, this property offers a versatile and adaptable space ideal for a range of industrial activities. With convenient access to key transportation routes, it ensures efficient logistics and connectivity. Whether for storage, manufacturing, or distribution, this property provides a solid foundation for success in the industrial landscape. Don't miss this chance to secure a valuable asset perfectly positioned to meet the needs of industrial, warehouse, or distribution investors. INVESTMENT HIGHLIGHTS Great investment opportunity for this industrial building leased to local business owner Tenant is responsible for utilities and property maintenance Well maintained, heated building Tenant has been at this location since 2023 and lease runs through October 2029 Strategic location between M-115 and US-131 Cap Rate: 10.42% Total Income: $21,600 NOI: $18,234
PROPERTY FACTS
| Sale Type | Investment | Rentable Building Area | 2,104 SF |
| Cap Rate | 10.42% | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1971 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | C | Clear Ceiling Height | 12’ |
| Lot Size | 1.50 AC | ||
| Zoning | I - Industrial | ||
| Sale Type | Investment |
| Cap Rate | 10.42% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.50 AC |
| Rentable Building Area | 2,104 SF |
| No. Stories | 1 |
| Year Built | 1971 |
| Tenancy | Single |
| Clear Ceiling Height | 12’ |
| Zoning | I - Industrial |
AMENITIES
- Fenced Lot
UTILITIES
- Gas - Natural
- Water - Well
- Sewer - Septic Field
- Heating
PROPERTY TAXES
| Parcel Number | 10-110-50-002-01 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $50,800 |
PROPERTY TAXES
Parcel Number
10-110-50-002-01
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$50,800
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