119 Mitchell StCadillac, MI 49601

For Sale
$945,000
Turnkey Restaurant, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
126
Exceptional opportunity to acquire the established Raven Social restaurant in Cadillac, Michigan. This Class A, 9,300 square foot restaurant is located at 119 S Mitchell St, 49601, within a 5,009 square foot lot. The property, built in 1880 and extensively renovated in 2018, boasts a fully equipped kitchen, a full bar, and a professionally designed interior. The renovation included new mechanical systems, a second-floor deck addition, a sprinkler system, and a highly efficient layout optimized for workflow. This single-unit, two-story building offers a turnkey operation, ready for immediate ownership. Financial information is available upon request with a signed confidentiality agreement and scheduled showing. The current owner is available to facilitate a smooth transition. This represents a unique opportunity to acquire a thriving restaurant business without the significant costs and time associated with starting from scratch. The asking price is $945,000 ($101.61/sq ft). The property is owned by an LLC and the APN is 10-086-00-178-00.

Property Details for 119 Mitchell St

Property type
Retail properties, Restaurants
Square Feet
9,300 SF
Class
A
Year Built/Renovated
1880/2018
Buildings
1
Stories
2
Units
1

Location Insight

City
Cadillac
County
Wexford
State
Michigan
Latitude
44.249783
Longitude
-85.3984949
119 Mitchell St, Cadillac, Michigan

FAQs

What type of property is this?
Retail property - Turnkey Restaurant, Prime Location
Where is the retail property located?
The property is located at 119 Mitchell St Cadillac, MI.
What is the asking price?
The asking price for this property is $945,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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119 Mitchell St
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