1012 Seneca Active Save Request In-Person Tour Request Virtual Tour
Cadillac,MI 49601
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,104 sqft
Price per Sqft $83
MLS Listing ID 78080056361
Year Built 1994
Annual Tax Amount $1,804
Lot Size 1.500 Acres
Acres 1.5
Lot Dimensions Irregular
Source Aspire North REALTORS®
Property Description
Introducing an exceptional industrial opportunity - This 2,104 SF building, zoned Light Industrial, is a prime investment for industrial, warehouse, and distribution purposes. Strategically located in the bustling Cadillac area, this property offers a versatile and adaptable space ideal for a range of industrial activities. With convenient access to key transportation routes, it ensures efficient logistics and connectivity. Whether for storage, manufacturing, or distribution, this property provides a solid foundation for success in the industrial landscape. Don't miss this chance to secure a valuable asset perfectly positioned to meet the needs of industrial, warehouse, or distribution investors. INVESTMENT HIGHLIGHTS Great investment opportunity for this industrial building leased to local business owner Tenant is responsible for utilities and property maintenance Well maintained, heated building Tenant has been at this location since 2023 and lease runs through October 2029 Strategic location between M-115 and US-131 Cap Rate: 10.42% Total Income: $21,600 NOI: $18,234
Location
State MI
County Wexford
Area Cadillac
Zoning Light Industrial
Interior
Heating Space Heater
Heat Source Natural Gas
Exterior
Roof Type Metal
Accessibility Disabled Access
Building
Foundation Slab
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Other
Schools
School District Cadillac
Others
Tax ID 101105000201
Ownership Corporate/Relocation
Acceptable Financing Cash,Other
Listing Terms Cash,Other
Financing Cash,Other
Special Listing Condition Unknown/Data Share Listings