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117 N Mitchell St
Cadillac, MI 49601
Office Property For Sale


Executive Summary
Above-Market Returns in a Premier Downtown Location
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
12,135 SF
Building Class
B
Year Built
1905
Price
$1,375,432 CAD
Price Per SF
$113.34 CAD
Cap Rate
9.81%
NOI
$134,930 CAD
Percent Leased
92%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
4,045 SF
Building FAR
1.99
Lot Size
0.14 AC
Opportunity Zone
Yes
Zoning
B2 - Commercial Zoned District
Parking
50 Spaces (4.12 Spaces per 1,000 SF Leased)
Amenities
- Signage
Property Taxes
| Parcel Number | 10-086-00-027-00 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $458,477 CAD |
Property Taxes
Parcel Number
10-086-00-027-00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$458,477 CAD
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