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117 N Mitchell St
Cadillac, MI 49601
 Office Property For Sale

Medical Offices Michigan Cadillac 117 N Mitchell St, Cadillac, MI 49601

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Executive Summary

Above-Market Returns in a Premier Downtown Location

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
12,135 SF
Building Class
B
Year Built
1905
Price
$975,000
Price Per SF
$80.35
Cap Rate
9.81%
NOI
$95,648
Percent Leased
92%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
4,045 SF
Building FAR
1.99
Lot Size
0.14 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
B2 - Commercial Zoned District
Parking
50 Spaces (4.12 Spaces per 1,000 SF Leased)

Amenities

  • Signage

Property Taxes

Parcel Number 10-086-00-027-00 Improvements Assessment $0
Land Assessment $0 Total Assessment $375,000

Property Taxes

Parcel Number
10-086-00-027-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$375,000
 

  • Listing ID: 38306763

  • Date on Market: 11/3/2025

  • Last Updated:

  • Address: 117 N Mitchell St, Cadillac, MI 49601

The Office Property at 117 N Mitchell St, Cadillac, MI 49601 is currently available for Sale. Contact Coldwell Banker Schmidt Cadillac for more information.

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