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8826 E 34 Rd Cadillac, MI 49601
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Key Details
Sold Price $1,850,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 21,000 sqft
Price per Sqft $88
Municipality Haring Twp
MLS Listing ID 25051131
Sold Date 06/11/26
Full Baths 8
Year Built 2007
Annual Tax Amount $17,232
Tax Year 2024
Lot Size 2.500 Acres
Acres 2.5
Lot Dimensions 295x329
Property Sub-Type Retail
Source Michigan Regional Information Center (MichRIC)
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.
Location
State MI
County Wexford
Area Paul Bunyan - P
Interior
Interior Features Broadband
Heating Forced Air
Cooling Central Air
Exterior
Utilities Available Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected
View Y/N No
Street Surface Paved
Total Parking Spaces 75
Building
Foundation Block
New Construction No
Schools
School District Cadillac
Others
Tax ID 2209-28-1108
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
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Bought with RE/MAX TOGETHER