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Listed by Alex MacKenzie • Coldwell Banker Schmidt Traverse City
$ 525,000
Est. payment /mo
New
2721 Sunnyside Drive Cadillac, MI 49601
4,054 SqFt
UPDATED:
11/20/2024 05:51 PM
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 4,054 sqft
Price per Sqft $129
Subdivision Mi
MLS Listing ID 1929147
Year Built 1999
Lot Size 0.930 Acres
Acres 0.93
Lot Dimensions irregular
Property Description
Great investment opportunity in Cadillac! This 4,054 SF office building sits on 0.93 acres in total and is only a short drive from downtown Cadillac. The property was renovated in 2018 and features an attractive aesthetic with a lot of curb appeal. The building features 16 offices, a bullpen area, 3 conference rooms, a kitchenette area, a mailroom, 3 restrooms, and 2 separate reception areas. The partially finished basement features a large meeting space in the finished section, and plenty of storage space in the unfinished section. Priced at a 9.05% CAP in year 1 based on current lease with tenant.
Location
State MI
County Wexford
Zoning Commercial
Rooms
Basement Full, Poured Concrete
Interior
Heating Forced Air
Cooling Forced Air
Exterior
Exterior Feature Wood, Stone
Roof Type Asphalt
Present Use Office Building
Road Frontage Public Maintained
Building
Sewer Municipal
Water Municipal Water
Others
Tax ID 10-104-00-019-00 & 018-00
Ownership Private Owner
Acceptable Financing Commercial Loan, Cash
Listing Terms Commercial Loan, Cash