$2,484,000
Cadillac, MI 49601
MLS# 25051131
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
County: Wexford
Street #: 8826
Street Direction: E
Street Name: 34 Rd
State: MI
Zip Code: 49601
Area: Paul Bunyan - P
OfficeContract Info
Status: Active
Current Price: $2,484,000
List Price: $2,484,000
Listing Date: 2025-10-04
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 2.5
Lot Square Footage: 108900
Lot Dimensions: 295x329
Year Built: 2007
Road Frontage: 624
Total # Units: 10
# Fin Bldg Lvls: 1
Total # Bldgs: 1
Total SqFt: 21000
Full Baths: 8
Waterfront: No
School District: Cadillac
Tax Info
Tax ID #: 2209-28-1108
Taxable Value: 363495
SEV: 467400
For Tax Year: 2024
Seller's Annual Property Tax: 17232
Tax Year: 2024
Spec Assessment & Type: None
Additional Details
Total Parking Spaces: 75
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: October - 07 - 2025
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
