115 N Mitchell Street Cadillac, MI $ 199,000
115 N Mitchell Street
$ 199,000
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115 N Mitchell Street

Cadillac, MI, 49601
$ 199,000
Baths2.0

Monthly Estimate*

$ 1,390

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Studio

Commercial Property for sale in Cadillac, MI

for $199,000 with 2 full baths. This building was built in 2021 on a lot size of 0.07.

Turn key business opportunity in the thriving core of Downtown Cadillac. Established in 2021, roasted cafe cocktail and coffee bar has built a following, and is now looking for someone to take this beautifully renovated space to the next level! The prime downtown location has had well over the asking price invested into renovations and equipping the business start up. Included in the sale is all of the equipment, furniture, fixtures, a DDA class C liquor license, and the established name and following they have built. There are 8 years left on the lease, offering security for the new owner. The current owners have decided to focus their energy on other business entities they own. With 50% down, there are possibilities for owner financing. If you have a passion to be creative in the food industry coupled with ownership mentality, be sure to check into this opportunity further! Check out their website at roastedcafe.com or on Facebook at roastedcafecadillac. This is a business only sale, no real estate included.

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Commercial Active

Price

$ 199,000

Bedrooms

Studio

Full Bath

2

Property Type

Commercial

Taxes

$ 0

Style

Business

Lot Size

0.07

Year Built

2021

Town/City

Cadillac

County/Region

Wexford

MLS | Web ID

24020986

Features
General
Sewer Public Sewer
Cooling Central Air
Utilities Natural Gas Available Electric Available Natural Gas Connected Electric Connected
Possession Close Of Escrow
Roof Rubber
Construction Materials Stucco Brick Block
Year Built 2021
Township Cadillac City
Property SubType Business
Tax Year 2024
Business Type Restaurant Bar/Tavern/Lounge
Business Name Roasted Cafe
County Wexford
New Construction N
Property Type Commercial Sale
Building Features Barrier Free
Status Active
Directions Downtown Cadillac
City Cadillac
High School District Cadillac
Zoning Description Commercial
Total Units 1
MLS Area Outside MichRIC Area - Z
Lot Size Square Feet 3049.0
Waterfront Y/N N
Street Name Mitchell
Land Lease Y/N N
Tax Annual Amount 0.0
Lease Renewal Y/N N
MLS Area Minor Outside MichRIC Area - Z
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 14
Standard Status Active
Occupancy Description Tenant
Tax Assessed Value 0
Ownership Type LLC
Legal Description N/A no real estate. Business only.
Senior Community None
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Interior
Basement Full
Total Fireplaces 1
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Full Baths 2
Street Suffix Street
Electric On Property Y/N N
Total Baths 2
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Exterior
Water Source Public
Inclusions {u'Licenses': True u'Equipment': True u'Furniture': True}
Lot Size Area 0.07
Foundation Details Block
Number of Buildings 1
Spa N
Building Area Total 3057.0
Lot Dimensions 25 x 125
Lot Size Acres 0.07
Road Surface Type Paved
Lot Size Units Acres
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 115
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* Excluded Features
List By
Five Star Real Estate Shelby

Broker

greg@gregbosscher.com

Email

Affordability Calculator

$1,390
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,390
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
251496 Elementary School
248905 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/1/2024$199,000 Listed Price

Map


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115 N Mitchell Street, Cadillac, MI, 49601 is a Commercial Property for sale at $199,000 with a lot size of 0.07. 115 N Mitchell Street is a studio with 2.0 baths and was built in 2021. The property's zip code is 49601 which is in Cadillac, MI