119 S Mitchell Street $945,000

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    119 S Mitchell Street Cadillac, MI 49601

    • 9,300 sq. ft.
    • 0.12 Acres
    • Commercial
    • MLS# 23145005
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    Views: 34 Days On Site: 137

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    Property Details

    This fully operating restaurant business is ready for a new owner to step in with the previous owners scaling back into retirement. The building was fully renovated in 2018 during the restaurant buildout. It included mechanicals, second-floor deck addition, sprinkler system, full kitchen building out, full bar buildout, and the professionally designed full interior buildout. This restaurant was built from the studs-in with the experience of the owner's 3 previous restaurant ventures, resulting in perfect kitchen workflow and efficient use of space. Owner is willing to meet with prospects and provide insight to help with the transition. Financials can be provided with a signed confidentiality agreement & showing scheduled. You could not create this opportunity from scratch for this price.

    • General Features
      • Year Built 1880
      • New Construction Y/N false
      • Business Type Restaurant
      • County Or Parish Wexford
      • Property Sub Type Business
      • Tax Annual Amount 6505.0
    • Building Features
      • Cooling Central Air
      • Cooling Y/N true
      • Construction Materials Brick
      • Building Area Total 9300.0
      • Roof Rubber
      • Number Of Units Total 1
      • Heating Y/N true
      • Full Bathrooms 3
      • Bathrooms 3
    • Property Features
      • Lot Size Acres 0.12
      • Lot Size Area 0.12
      • Number Of Buildings 1
      • Water Source Public
      • Waterfront Y/N false
    • Schools
      • High School District Cadillac

    Contact

    Jeff Overway

    Jeff Overway

    Realtor

    RE/MAX Lakeshore

    Cell: 616-298-1267

    Neighborhood

    49601 (Cadillac) Demographics

    43 Median Age
    105 Population Density (per sq. mile)
    34% College Educated
    $52,348 Estimated Median Income
    6,840 Estimated Total Home Owners
    2,162 Estimated Total Renters
    76% / 24% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    22,312 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $187,500 Median Sales Price
    40 Homes Sold
    40 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $945,000
        12/15/2023 12:44:00 PM New in Database Source: Multiple Listing Service New Value: $945,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.