Cadillac, MI 49601,117 N Mitchell Street
Cadillac, MI 49601,117 N Mitchell Street
Cadillac, MI 49601,117 N Mitchell Street
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$975,000
Est. payment /mo
12,135 SqFt
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Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 12,135 sqft

Price per Sqft $80

Subdivision Mi

MLS Listing ID 80062777

Year Built 1905

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 50'x125'

Property Sub-Type Business

Property Description

The Historic Kramer Building | Downtown Cadillac, MI Income-producing property in the heart of Cadillac’s vibrant downtown! The iconic Kramer Building combines historic charm with modern updates, offering over 12,000 SF of leasable area across three stories. A cornerstone of the city’s central business district, this property features a mix of high-quality, long-term tenants and has been meticulously maintained inside and out. Recent upgrades include electrical, flooring, paint, and mechanical improvements, all while preserving the building’s architectural integrity. Many suites feature exposed brick walls, tall ceilings, and large windows that fill the spaces with natural light and provide views of Lake Cadillac. Each suite is individually metered for gas and electric and equipped with its own heating and cooling system. The building is ADA-compliant, offering a modern elevator system that provides full accessibility to all three floors—an uncommon and valuable feature in a historic downtown property. The elevator serves both front and rear entries, ensuring that all tenants, clients, and visitors can easily navigate the building, whether accessing ground-level retail or upper-level professional offices. This amenity not only meets accessibility standards but also enhances the overall convenience, marketability, and long-term value of the asset. Property amenities include on-street parking at the front door and direct access to a large public parking lot at the rear, providing exceptional convenience and visibility for tenants and patrons alike. Walkable to Lake Cadillac, the City Park, restaurants, retail, and professional services, this property sits at the center of the Downtown Development Authority (DDA) district—an area known for its year-round community activity and business growth. A rare opportunity to own a landmark income property that blends modern functionality with historic distinction.

Location

State MI

County Wexford

Area Cadillac (83019)

Zoning Commercial

Interior

Heating Forced Air

Cooling Central A/C

Exterior

Parking Features Parking Lot

Building

Water Public Water

Structure Type Brick

Others

Ownership Corporation

Energy Description Natural Gas

Financing Cash,Commercial Loan,Conventional


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MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by Coldwell Banker Schmidt-Cadillac

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Catherine McMurray

Catherine McMurray

+1(586) 291-1492

Agent | License ID: 6501395313

Agent License ID: 6501395313

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