For Sale
$350,000

2020 24 Rd Cadillac, MI 49601

Thriving Business w/ Apartment - $350,000

Overview

Added:
Feb 3
Days on market:
80
This exceptional 3,300 square foot industrial property in Cadillac, MI, presents a unique investment opportunity. Located on a 0.43-acre lot at 2020 E 24, this established business boasts a strong reputation and consistent customer base. The property includes a fully operational convenience store and restaurant, renowned for its smoked BBQ and diverse menu. Recent renovations include new ovens, refrigeration units, and flooring, ensuring a smooth transition for new ownership. The business benefits from a prime location near numerous lakes and trailheads, attracting both local residents and tourists throughout the year. A significant advantage is the inclusion of a spacious four-bedroom apartment, ideal for owner occupancy or rental income. This versatile space adds considerable value to the overall investment. The existing liquor license will transfer upon closing, further enhancing the profitability of this turnkey operation. This is a rare chance to acquire a thriving business with significant growth potential in a desirable northern Michigan setting. The property is ready for immediate operation, offering a seamless transition for the new owner. The combination of a successful business and a substantial apartment makes this a truly exceptional opportunity. Don't miss this chance to own a piece of Cadillac's vibrant commercial landscape.

Property Details for 2020 24 Rd

Property type
Industrial properties
Square Feet
3,300 SF
Year Built
1939
Lot Size (sq. ft)
18,731 SF

Location Insight

City
Cadillac
County
Wexford
State
Michigan
Latitude
44.35283
Longitude
-85.53994

FAQs

What type of property is this?
Industrial property - Thriving Business w/ Apartment - $350,000
Where is the industrial property located?
The property is located at 2020 24 Rd Cadillac, MI.
What is the asking price?
The asking price for this property is $350,000.
How can I contact the broker?
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2020 24 Rd
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