North Mitchell Street Plaza LLC is a wonderful investment opportunity that takes advantage of the very popular and utilized self storage industry with 125 storage units - which includes an office and maintenance room incorporated into two of them - and in addition offers a renovated building with two offices… Read More that have wonderful tenants in both spaces who have leased this building for over 25 years. Renovations by the two office tenants have occurred this year by one tenant and within the last four years by the other, and they pay for all the renovations themselves. The total square footage of office and storage buildings comes to approximately 24,000 ft.². It is located on the north end of Cadillac at 1337 North Mitchell St./Main Street and is across from the fairgrounds and close to multiple restaurants, stores, and businesses. This complex has a large paved parking lot and is well lit at night. Updates completed by the owners include 62 smaller storage units added inside the large storage building on the south end of the complex in 2020, new overhead doors on 8 units in 2022, as well as updates to one bathroom in 2025. The size of the storage units vary and range from 5'x10' to one large unit that measures 30'x40' with multiple sizes in between. Cadillac is a continuously growing and sought after area in northern Michigan making this a prime location to expand your investments. Come and check out the potential of this money-making venture. Read Less
Courtesy of City2Shore Real Estate Northern Michigan.
Listing Snapshot
Days Online
288
Last Updated
Property Type
Commercial/Industrial
Square Ft.
23,725
Lot Size
1.78 Acres
Year Built
1970
MLS Number
80059502
30 Days Snapshot Of 49601
$278k
0%
(avg) sold price
5
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Amenities
ADA Accessible, Outbuilding(s), Overhead Doors, Sprinkler System
Building
23,725 square feet, Built in 1970
Exterior Features
Frame, Other, Steel, Vinyl Siding
Foundation
Slab
Water Features
Public Water
Heating
Forced Air, Natural Gas
Lot
1.78 acres, Lot size: 350x201x352x238
Parking
Parking Lot
Property
Business name: N Mitchell St Plaza LLC, Educational, Office, Service, Commercial
Roof
Asphalt, Metal
Sewer
Public Sanitary
Taxes
Total amount: $16,582
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