2604 Sunnyside DrCadillac, MI 49601

For Sale
$850,000 View listing
  • Commercial real estate
  • 0.18 AC

Property Details for 2604 Sunnyside Dr

Lot size
0.18 AC
Property type
Commercial real estate
APN
10-104-00-024-00
APU
101040002400

Description

This exceptional three-story commercial building, situated on 0.18 acres in Cadillac, Michigan (APN: 10-104-00-024-00), presents a unique investment opportunity. Boasting 8,463 square feet of finished space, this Class B property features 22 individual office spaces, a dedicated conference room, and four bathrooms. The building's layout includes spacious reception and workspace areas, ideal for a variety of business configurations. Enjoy stunning Lake Cadillac views from the east-facing offices. Built in 1962, the building has undergone significant updates, including recent furnace replacements and the installation of a foundation drainage system ensuring a dry lower level. The property is zoned Commercial (TS-2), allowing for diverse uses beyond its current configuration. Located on M-115 in Cadillac West, just south of the M-55 intersection, this property benefits from high daily traffic counts and excellent visibility. The asking price is $850,000, translating to $100.44 per square foot. This corporate-owned building offers a compelling blend of established functionality and significant upside potential. Detailed zoning documents are available upon request. Don't miss this chance to acquire a substantial commercial property in a thriving Michigan location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,611,821
    Hospitality
    $1,476,419
    Educational
    $1,228,363
    Medical
    $1,270,609
    Retail
    $1,910,788
2604 Sunnyside Dr, Cadillac, Michigan

Location Insight

City
Cadillac
County
Wexford
State
Michigan
Latitude
44.2342
Longitude
-85.4519
CBSA code
15620
CBSA name
CADILLAC, MI MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,094
-
-
$321,900
-
-
-
$643,800

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