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115 N Mitchell Street, Cadillac, MI 49601
$199,000
115 N Mitchell Street, Cadillac, MI 49601View this property at 115 N Mitchell Street, Cadillac, MI 49601
115 N Mitchell StreetCadillacMI49601
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Property Description
Turn key business opportunity in the thriving core of Downtown Cadillac. Established in 2021, roasted cafe cocktail and coffee bar has built a following, and is now looking for someone to take this beautifully renovated space to the next level! The prime downtown location has had well over the asking price invested into renovations and equipping the business start up. Included in the sale is all of the equipment, furniture, fixtures, a DDA class C liquor license, and the established name and following they have built. There are 8 years left on the lease, offering security for the new owner. The current owners have decided to focus their energy on other business entities they own. With 50% down, there are possibilities for owner financing. If you have a passion to be creative in the food industry coupled with ownership mentality, be sure to check into this opportunity further! Check out their website at roastedcafe.com or on Facebook at roastedcafecadillac. This is a business only sale, no real estate included.
Full Property Details
Full Property Details for 115 N Mitchell St
General
- Price: $199,000
- Status: Active
- Type: Business
- MLS ID: 24020986
- Updated: 5/1/2024
- Added to Site: 14 day(s) ago
Business
- Business Type: Restaurant, Bar/Tavern/Lounge
Interior
- Number of Fireplaces: 1
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Location
- Area: Outside MichRIC Area - Z
- County: Wexford
- Cross Streets: E Harris and E Pine
- Driving Directions: Downtown Cadillac
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Natural Gas Available, Electric Available, Natural Gas Connected, Electric Connected
Structural Information
- # Buildings: 1
- Construction: Stucco, Brick, Block
- Basement: Yes
- Foundation: Block
- Roof: Rubber
- Stories/Levels: 1
- Square Feet: 3,057
- Year Built: 2021
Lot Features
- Lot Size (Acres): 0.07
- Lot Size (Sq. Ft.): 3,049
- Lot Dimensions: 25 x 125
- Frontage: Paved
- Zoning: Commercial
Financial Considerations
- Terms: Conventional, Other, Cash
Disclosures and Reports
- Ownership: LLC
- Legal Description: N/A no real estate. Business only.
- Property ID: N/A Business only for sale
Listed by Five Star Real Estate Shelby, Greg Bosscher
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Schools
Schools serving 115 N Mitchell St
School District:Cadillac Area Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
505 Lester St, Cadillac, MI 49601 | PK-4 | 0.6 mi | |
8401 S Mackinaw Trl, Cadillac, MI 49601 | 5-6 | 2.4 mi | |
Cadillac Junior High School
500 Chestnut St, Cadillac, MI 49601 | 7-8 | 0.7 mi | |
400 Linden St, Cadillac, MI 49601 | 9-12 | 0.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 115 N Mitchell St
Date
Details
Price
Change
Source
5/01/2024
Listed
$199,000
47.41%
MLS
5/02/2019
Sold
$135,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 115 N Mitchell St
Year
Property Taxes
Change
Tax Assessment
Change
2022
$4,629
4%
$102,300
24%
2021
$4,455
1%
$82,600
14%
2020
$4,410
—
$72,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 115 N Mitchell St
115 N Mitchell Street, Cadillac, MI 49601 (MLS# 24020986) is a Business property. 115 N Mitchell Street is currently listed for $199,000 and was received on May 01, 2024. Want to learn more about 115 N Mitchell Street? Do you have questions about finding other Business real estate for sale in Cadillac? You can browse all Cadillac real estate or contact a Coldwell Banker agent to request more information.