119 S Mitchell Street Active

Cadillac,MI 49601

$ 945000

- Bed

3 Baths

9300 SqFt


Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 9,300 sqft

Price per Sqft $101

Municipality Cadillac City

MLS Listing ID 23145005

Full Baths 3

Originating Board Michigan Regional Information Center (MichRIC)

Year Built 1880

Annual Tax Amount $6,505

Tax Year 2022

Lot Size 5,009 Sqft

Acres 0.12

Lot Dimensions 50 x 100

Property Description

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.

Location

State MI

County Wexford

Area Outside Michric Area - Z

Direction Downtown Cadillac, MI on the East side of Mitchell St between Cass and Harris.

Rooms

Basement Full

Interior

Cooling Central Air

Fireplaces Number 1

Inclusions {"Real Estate":true,"Licenses":true,"Inventory":true,"Furniture":true,"Equipment":true}

Exterior

Utilities Available Public Water Available,Public Sewer Available,Natural Gas Available,Electric Available,Phone Connected,Natural Gas Connected,Electric Connected

Waterfront No

View Y/N No

Roof Type Rubber

Street Surface Paved

Building

Building Description Brick, Barrier Free,Fire Sprinkler

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction No

Schools

School District Cadillac

Others

Tax ID 10-086-00-178-00

Ownership LLC

Acceptable Financing Conventional,Cash

Listing Terms Conventional,Cash

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