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6444 M-115, Cadillac, MI

Price: $665,000.00
Square Ft.: 5400
Price/SQFT: $123.15

Waste no time to check out this wonderful investment opportunity! Located just off M-115 as you are heading into Cadillac West, sits this 2.88-acre parcel with 10 rentals, a 50x80 pole barn, and Lake Cadillac views. Currently known as Lakeview Apartments of Cadillac, this establishment has been around for years. The 10 units vary in size, there are 6-studio cabins, 1-1bedroom, 2-2bedroom and 1-3bedroom. There is a private well that services all the units, they each have sewer and natural gas. The 50x80 pole barn has 16’ sidewalls, 14’, and a 12’ overhead door. The pole barn and the 3-bedroom unit are currently occupied by one of the owners as they maintain the premises. A new owner could easily rent these out for an additional monthly income. There is also room to grow the establishment with an open area to the north that offers an open view of Lake Cadillac, buyer to verify their own information with zoning, township, city etc. Beaches, parks, camping, dining options, golfing, and so much more are all within walking distance of the property. This property must be shown by appointment only.

Basic Information

MLS ID: 1929487
City: Cadillac
State: MI
ZIP: 49601
Area: Wexford
Acres: 2.88
Square Feet: 5400

Additional Information

  • Basement: Partial,Exterior Entry Location:
  • Business Included:
  • Lot:
  • Business Name:
  • Property Status: Active
  • Construction: Frame,Log,Vinyl Siding,Full Log,Wood Siding
  • Documents: Other
  • Zoning: Commercial
  • Possession: Negotiable,Subject To Tenant Rights
  • Dimensions:
  • For Sale Or Lease: Residential Income
  • Directions: Coming into Cadillac West(north) on M-115 property is on the east side across from Sunnyside Drive and before Dollar General
  • Road Frontage:
  • Days On Market: 119
  • Roofing: Asphalt
  • Days On MLS: 119
  • Township: Clam Lake
  • Financing:
  • Water: Shared Well
  • Floor Type:
  • Licenses:
  • Heating: Forced Air,Baseboard,Wall Furnace,Natural Gas
  • Year Built: 1971
  • Cooling: Multi Units

Listing courtesy of REO-Cadillac-233028, 8836 East 34 Road Cadillac, MI 49601

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