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$575,000
26042037 MLS ACTIVE Status
Exceptional investment opportunity featuring **three multifamily properties totaling 10 rental units**, with 9 of 10 units currently leased. These well-established, long-term rental properties are ideally located within three blocks of downtown Cadillac, providing tenants with convenient access to shopping, dining, entertainment, and employment opportunities. The properties offer ample off-street parking, solid rental history, and easy management due to their close proximity to one another. Whether you're looking to expand your portfolio or step into multifamily investing, this package presents a rare opportunity to acquire income-producing assets in one of Cadillac's most desirable rental locations. See NGLR MLS # 1947288 and 1947339 for information on the two additional homes.

314 E Pine Street, Cadillac

$49,900
1 Baths 26037807 MLS ACTIVE Status
"BUSINESS ONLY...NO REAL ESTATE"... Turnkey Bakery Business Opportunity!** Annie's Baked Goods is a well-established and highly regarded bakery that has proudly served the Cadillac community for the past eight years. Ideally situated at the southeast corner of the Plett Road and 13th Street roundabout in Cadillac's thriving north-end shopping district, this business benefits from excellent visibility, easy access, and a convenient drive-thru window. Business Only No Real Estate! Known for its fresh, handcrafted baked goods and exceptional customer service, Annie's has cultivated a loyal customer base by offering made-to-order specialties and a rotating selection of daily baked goods available for immediate purchase. Unlike a traditional bakery, Annie's has built its reputation on providing personalized baking solutions for customers seeking quality, convenience, and custom creations. (See 'More'...) The business offers a proven operating model, established name recognition, and strong community presence, creating an outstanding opportunity for an entrepreneur, baker, or investor looking to step into an existing, successful operation with room for future growth. Don't miss your chance to own one of Cadillac's favorite local bakery businesses! Business ONLY NO Real Estate.

9052 E 13th Street Unit 1190 Plett Rd, Cadillac

$224,900
1 Baths 26011101 MLS ACTIVE Status
**For Sale: Thriving Salon Business & Historical Downtown Cadillac Property** Step into ownership of a turnkey business and a piece of Cadillac's rich history with this rare opportunity! Located in the heart of downtown Cadillac, this beautifully updated historical building is home to a well-established salon that has become a community favorite. **Business Highlights** - Diverse Service Offerings: Hairstyling, barbering, nails, massage, makeup, and more - catering to a wide range of client needs. - Experienced Team: Two talented stylists and one licensed barber are eager to remain, ensuring a seamless transition for new ownership. - Room for Growth: With space to expand services or add new amenities, there's untapped potential to increase revenue. - Turnkey Operation: Sale includes the thriving business, updated equipment, and the real estate. **Property Features** - Historic Charm Meets Modern Updates: (See 'More'...) The building blends classic architectural details with modern systems, offering a unique and inviting atmosphere for clients. - Prime Location: Nestled in bustling downtown Cadillac, the property enjoys high foot traffic and visibility. On site parking in the back for employees/stylists, street parking in front and there is a city parking lot nearby as well. - ADA Compliant This salon is more than a business; it's a staple of the community for over 25 years, offering a blend of contemporary salon trends and the timeless art of barbering. Perfect for an owner-operator or investor seeking a profitable, ready-to-go opportunity in a growing area. Don't miss this chance to own a thriving business and an iconic property in downtown Cadillac. Financial statements available.

309 N Mitchell Street, Cadillac

$975,000
6 Baths 26007115 MLS ACTIVE Status
The Historic Kramer Building | Downtown Cadillac, MI Income-producing property in the heart of Cadillac's vibrant downtown! The iconic Kramer Building combines historic charm with modern updates, offering over 12,000 SF of leasable area across three stories. A cornerstone of the city's central business district, this property features a mix of high-quality, long-term tenants and has been meticulously maintained inside and out. Recent upgrades include electrical, flooring, paint, and mechanical improvements, all while preserving the building's architectural integrity. Many suites feature exposed brick walls, tall ceilings, and large windows that fill the spaces with natural light and provide views of Lake Cadillac. Each suite is individually metered for gas and electric and equipped with its own heating and cooling system. (See 'More...') The building is ADA-compliant, offering a modern elevator system that provides full accessibility to all three floors--an uncommon and valuable feature in a historic downtown property. The elevator serves both front and rear entries, ensuring that all tenants, clients, and visitors can easily navigate the building, whether accessing ground-level retail or upper-level professional offices. This amenity not only meets accessibility standards but also enhances the overall convenience, marketability, and long-term value of the asset. Property amenities include on-street parking at the front door and direct access to a large public parking lot at the rear, providing exceptional convenience and visibility for tenants and patrons alike. Walkable to Lake Cadillac, the City Park, restaurants, retail, and professional services, this property sits at the center of the Downtown Development Authority (DDA) district--an area known for its year-round community activity and business growth. A rare opportunity to own a landmark income property that blends modern functionality with historic distinction. Highlights: Income-producing downtown asset with strong returns. The Kramer Building delivers over 12,000 SF of stabilized leased space with long-term tenants and separate utility metering for maximized efficiency. ADA elevator access, modern systems, and low maintenance costs support reliable cash flow. Located in Cadillac's active DDA district with high visibility and foot traffic, this turnkey portfolio offers above-average ROI and long-term value growth in a proven rental market.

117 N Mitchell Street, Cadillac

$2,340,000
15 Baths 26002162 MLS ACTIVE Status
Joe McNally and RE/MAX Together are pleased to offer The Mitchell Street Mall in Cadillac, MI. This is a 91% leased stable asset, that offers an investor the rare opportunity to acquire a well constructed and maintained multi tenant retail center at almost a 20 percent Cash-on-Cash Return and a current 8+ cap rate, with tremendous upward opportunity through the one vacant unit, an anchor store sized 25,000 square feet unit ready for investors or delevopers to step into as a turn-key major store space, complete with commercial loading docks, inventory space, and storage areas (previously JC Penny). This incredible location is set in the heart of one of Cadillac's most highly traffic corridors. Annual gross incomes exceed $270,000, with enormous upward potential. Most units have been recently renovated and built out, and have long term leases in place with stable businesses in place. This is a hard-to-find investment opportunity, call today for more information.

1508 N Mitchell Street, Cadillac

$309,900
1 Baths 25026145 MLS ACTIVE Status
Well-maintained office building on Cadillac's busy south end business district. This building features a spacious open reception area and nine private offices. There is a split-level area on the north end of the building that offers ample storage space and an additional entrance, providing the option to divide the building into two separate units. There is also a partial, clean, and dry basement for additional storage. There is one centrally located bathroom. The building is equipped with security cameras and an alarm system. There are two parking lots, offering approximately room for 14 cars. This property owns a portion of the upper lot, which appears to be part of Lume. . . There are 11 designated spots you would own, along with free garbage that has been negotiated into the lease with Lume for the space they are using for the dumpster. This property owns that space. You would also own driveway easement rights to a vacant lot, which is also for sale. Come grow your business in this great space!

1200 S Mitchell Street, Cadillac

$540,000
25015689 MLS ACTIVE Status
12 acre parcel of prime development property located on S Business 131 just south of Downtown Cadillac. The location has neighboring properties with the Michigan State Police, MDOT head quarters building, and a medical office park across the street. There are two hotels, a restaurant, retail, and more medical office just to the north. The on/off ramp for US 131 is less than 1/2 mile away. The property is currently zoned residential, but is surrounded by commercial and office/service zoning. Township authorities have indicated zoning change very probable. Currently on the property there is a an 1860 sq ft home that is livable, but the property is being marketed as commercial development property. There is another 8 acres congruent to the south that is available for a total of 20 acres.

7801 S US-131, Cadillac

$575,000
1 Baths 25003734 MLS ACTIVE Status
Prime real estate opportunity on the south end of Downtown Cadillac. There are a total of three separate buildings, all located on a sprawling 2.25-acre parcel offer room for expansion. The main building offers close to 4,000 sq ft and features a kitchen area adequate for a bustling deli, plenty of coolers for beverages, a snack and retail area, and plenty of seating. The back portion of the building is currently used for an intimate, small gathering place. Just outside the back entrance is the one-of-a-kind, 2880 sq ft renovated Greenhouse event center. The Greenhouse features brand-new roof panels, a stamped concrete floor, and radiant heaters, creating a warm, fun, and inviting atmosphere that can be used for a variety of business purposes. There is an outdoor walk-in freezer and a walk-in cooler. The third building is a 30' x 40' pole building for storage. The large lot has high visibility from Mitchell Street, with two access points, and offers ... convenient back-street access as well. The sale includes all equipment, furniture, and fixtures. The property is currently an owner-operated deli, Texas-style BBQ, and the Greenhouse Event Center. The opportunities are endless at this location, including a sales location for anything that requires a small showroom and indoor display. The business in place offers a new owner a jump start on a well-established business that the community loves. A Class C liquor license is available for an additional cost. The buildings were all constructed around 2010, so come bring your ideas and own everything that is here for a fraction of the cost of new construction!

916 S Mitchell Street, Cadillac

$845,000
3 Baths 23145005 MLS ACTIVE Status
This fully operating restaurant business is ready for a new owner to step in with the previous owners scaling back into retirement. The building was fully renovated in 2018 during the restaurant buildout. It included mechanicals, second-floor deck addition, sprinkler system, full kitchen building out, full bar buildout, and the professionally designed full interior buildout. This restaurant was built from the studs-in with the experience of the owner's 3 previous restaurant ventures, resulting in perfect kitchen workflow and efficient use of space. Owner is willing to meet with prospects and provide insight to help with the transition. Financials can be provided with a signed confidentiality agreement & showing scheduled. You could not create this opportunity from scratch for this price.

119 S Mitchell Street, Cadillac

$774,000
3 Baths 22004462 MLS ACTIVE Status
Exceptional commercial opportunity on one of Cadillac's busiest, most visible routes through the Cadillac West corridor. Sitting on over 3 acres with 311 feet of prime M-115 frontage, this landmark property offers outstanding exposure, exceptional traffic counts, and endless possibilities for future growth! For more than 40 years this property has been in the same family and is known as Burkes Waterfront Restaurant. With the owners looking to retire, this prime location could be continued as a highly profitable restaurant or renovated to almost anything you could imagine. If the current building does not suit your needs, then the lot with the paved parking area and waterfront views provide the perfect opportunity to build fresh. Currently it is being operated as a turn-key restaurant with over 5000 sq ft of interior seating, and the seasonally popular waterfront deck seating for 60. The building and equipment have had many recent updates. Come discover all that is happening in Cadillac, MI and bring your ideas and be a part of the growth!

2403 Sunnyside Drive, Cadillac