$175,000
Cadillac, MI 49601
MLS# 26006919
2104 sqft
1 / 5
Property Description
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 businessowner 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. (More..
Details
Maps
Location Property Info
County: Wexford
Street #: 1012
Street Name: Seneca
Suffix: Place
State: MI
Zip Code: 49601
Zip (4): 9500
OfficeContract Info
Status: Active
Current Price: $175,000
List Price: $175,000
Listing Date: 2025-04-27
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 1.5
Lot Square Footage: 65340
Lot Dimensions: 210x459x74x479
Year Built: 1994
Road Frontage: 210
Mineral Rights: No
Total # Units: 1
# Fin Bldg Lvls: 1
Total # Bldgs: 1
Total SqFt: 2104
Full Baths: 1
Waterfront: No
School District: Cadillac
Tax Info
Tax ID #: 10-110-50-002-01
Taxable Value: 48972
SEV: 50800
For Tax Year: 2025
Seller's Annual Property Tax: 2991
Tax Year: 2024
Spec Assessment & Type: n/a
Zoning: Industrial
Remarks Misc
Directions: Mitchell St to Pine St, head west continue past Lake St, road becomes. Chestnut St, turn right onto Leeson Avenue, turn left onto Wright St, turn right onto Seneca - follow to the end
Additional Details
Ceiling Height: 14
Property Features
Property Use: Net Leased (nnn)
Uses: Auto Service; Distribution; Professional Service; Storage; Other
Ownership: LLC
Business Includes: Non-Applicable
Construction Type: Other
Exterior Material: Metal Siding
Roofing: Metal
Foundation: Slab
Below Grade: None
Tenant Pays All: Electric; Gas; Sewer; Trash; Water
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at St: Cable Available; High Speed Internet; Phone Available
Heat Source: Natural Gas
Heat Type: Space Heater
Street Type: Paved; Public
Purchase Terms Avail: Cash; Conventional; Other
Sale Conditions: None
Possession: Subject To Tenant Rights
Supplements
Strategic location between M-115 and US-131 Cap Rate: 10.42% Total Income: $21,600 NOI: $18,234
Listing Office: Cb Schmidt - Cadillac
Listing Agent: Daniella Bell
Last Updated: February - 26 - 2026
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