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$ 175,000
Est. payment /mo
Active
1012 Seneca Cadillac, MI 49601
2,104 SqFt
UPDATED:
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
Lot Size 1.500 Acres
Acres 1.5
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 Area83162Cadillac
Interior
Heating NaturalGas, SpaceHeater
Fireplace No
Exterior
Utilities Available NaturalGasConnected
View Y/N No
Roof Type Metal
Building
Foundation Slab
Sewer PublicSewer
Water Public
New Construction No
Schools
High Schools Cadillac
School District Cadillac
Others
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Special Listing Condition CorporateRelocation
©2025 Realcomp II Ltd. Shareholders
Listed by Daniella M Bell of Coldwell Banker Schmidt-Cadillac
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