MI > Cadillac
Cadillac, MI 49601,8826 E 34 Rd
Cadillac, MI 49601,8826 E 34 Rd
Cadillac, MI 49601,8826 E 34 Rd
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Alec Applebaum

Alec Applebaum

+1(248) 866-8784
$2,484,000
Est. payment /mo
8 Baths
21,000 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 21,000 sqft

Price per Sqft $118

Municipality Haring Twp

MLS Listing ID 25051131

Full Baths 8

Year Built 1990

Annual Tax Amount $17,232

Tax Year 2024

Lot Size 2.500 Acres

Acres 2.5

Lot Dimensions 295x329

Property Sub-Type Retail

Source Michigan Regional Information Center (MichRIC)

Property Description

Joe McNally and RE/MAX Together are pleased to offer 34 Road Mall in Cadillac, MI. This is a 100 percent leased, stabilized asset, that offers an investor the rare opportunity to acquire a well constructed and maintained multi tenant retail center at almost a 7 percent Cash-on-Cash Return with obvious upward opportunity. The property is a 21,094 square foot inline center on 34 Rd consisting of 10 tenants, at a 100% occupancy rate. This unbeatable location is set in the heart of Cadillac's most highly traffic corridor. The building has been well maintained, and includes an owner-use storage/wokshop area as a bonus. Annual gross incomes exceed $200,000, with upward potential evident.

Location

State MI

County Wexford

Area Paul Bunyan - P

Interior

Interior Features Broadband

Heating Forced Air

Cooling Central Air

Inclusions Real Estate

Exterior

Utilities Available Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected

View Y/N No

Street Surface Paved

Total Parking Spaces 75

Building

Foundation Block

New Construction No

Schools

School District Cadillac

Others

Tax ID 2209-28-1108

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

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Listed by RE/MAX TOGETHER

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Alec Applebaum

Alec Applebaum

+1(248) 866-8784

Broker | License ID: 6502389085

Broker License ID: 6502389085

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