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About This Home

This 0-bedroom, 1-bathroom commercial at 1012 Seneca Place in Cadillac, MI is listed for $175,000 ($83 per sqft). Built in 1994, the home offers 2,104 sqft of living space on a 1.50 acres lot.

Agent 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 businessowner 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. (More.. Strategic location between M-115 and US-131 Cap Rate: 10.42% Total Income: $21,600 NOI: $18,234

Key Features

  • Built in 1994
  • 1.50 acre lot

Property Details

1 story
1 full
1994

Monthly Cost Estimate

$936/mo

20% down · 6.5% · 30 years

Principal$127
Interest$758
Insurance$51

Estimates only. Actual payments may vary.

Location

1012 Seneca Place

Cadillac, MI 49601

Features & Amenities

Interior Features

Broadband

Property Details

Construction

Metal Siding

Heating

Space Heater

Questions & Answers

This 0-bedroom, 1-bathroom commercial at 1012 Seneca Place is listed at $175,000 ($83/sqft). The estimated monthly payment is $758 based on 20% down at 6.5% interest.

Key features include: Built in 1994, 1.50 acre lot. Interior Features: Broadband.

This property is listed by Daniella M Bell and can be reached at 2319203264 or daniella.bell@cbgreatlakes.com.

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DB

Daniella M Bell

Agent at Cb Schmidt - Cadillac

(231) 920-3264

Listed by Cb Schmidt - Cadillac

MLS# 26006919· Source: listhub· Updated 348 days ago

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1012 Seneca Place, Cadillac, MI 49601

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