$2,484,000
Cadillac, MI 49601
MLS# 25051131
Status: Pending
21000 sqft
1 / 39
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.
Details
Maps
Location & Property Info
Cross Streets: Hanthorne St
Property Sub-Type: Retail
Area: Paul Bunyan - P
Municipality: Haring Twp
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 118.29
Prop Avail for Lease?: No
General Property Info
New Construction: No
Lot Dimensions: 295x329
Road Frontage: 624
Waterfront: No
Total # Units: 10
Total # Bldgs: 1
# Fin Bldg Lvls: 1
Total SqFt: 21000
School District: Cadillac
Lot Measurement: Acres
Lot Acres: 2.5
Lot Square Footage: 108900
Year Built: 2007
Full Baths: 8
Tax Info
Taxable Value: 363495
SEV: 467400
For Tax Year: 2024
Seller's Annual Property Tax: 17232
Tax Year: 2024
Homestead %: 0
Spec Assessment & Type: None
Tax ID #: 2209-28-1108
Remarks & Misc
Public Remarks: 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.
Legal: NW 1/4 OF NW 1/4 OF NE 1/4 OF NE 1/4 SUB TO EASMT L436 P754 '02 2.5 A. HAR. SEC. 28 T22N R9W -CAPS-SUB TO EASE REC L 6
Additional Details
Total Parking Spaces: 75
Street Type
Paved: 1
Public: 1
Property Use
Investment: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Phone Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Uses
Distribution: 1
Professional Service: 1
Professional/Office: 1
Restaurant: 1
Retail: 1
Construction Type
Block: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Air Conditioning
Central Air: 1
Docs at List Office
Aerial Photo: 1
Business Includes
Real Estate: 1
Foundation
Block: 1
Util Avail at St
Cable Available: 1
Electricity Available: 1
High Speed Internet: 1
Natural Gas Available: 1
Phone Available: 1
Driveway
Paved: 1
Purchase Terms Avail
Cash: 1
Conventional: 1
Location Property Info
County: Wexford
Street #: 8826
Street Direction: E
Street Name: 34 Rd
State: MI
Zip Code: 49601
OfficeContract Info
Status: Pending
Current Price: $2,484,000
List Price: $2,484,000
Listing Date: 2025-10-04
Status Change Info
Under Contract Date: 2025-12-18
Property Features
Property Use: Investment
Uses: Distribution; Professional Service; Professional/Office; Restaurant; Retail
Business Includes: Real Estate
Construction Type: Block
Foundation: Block
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at St: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Driveway: Paved
Street Type: Paved; Public
Purchase Terms Avail: Cash; Conventional
Docs at List Office: Aerial Photo
Sale Conditions: None
Listing Office: RE/MAX TOGETHER
Listing Agent: Joseph McNally
Last Updated: December - 19 - 2025
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