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Price: $525,000.00

Listing # 1929147

Address 2721 Sunnyside Drive

City: Cadillac

State: MI

Zip: 49601

Square Ft.: 4054

Acres: 0.93

 

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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.

 

Basic Features:


Acres: 0.93
Area: Wexford
Type: Commercial Sale
Square Ft: 4054

 

Additional Features:


Basement: Full
Business Included: Professional/Office
Business Name: N/A
Construction: Frame,Wood Siding,Stone
Current Zoning: Commercial
Dimensions:
Directions: South on M-115 from Mesick, Right on M-55 in Cadillac, left on Sunnyside Drive, property will be on your right
Days On Market: 111
Days On MLS: 111
Financing:
Floor Type:
Heating: Forced Air,Natural Gas
Cooling:
Licenses: None
Location: Freestanding
Lot:
Documents: Leases
Possession: Long-Term Tenant
Property Status: Active U/C Taking Backups
Road Frontage:
Roofing: Asphalt
For Sale Or Lease: Commercial Sale
Township: Cadillac
Waste: Public Sewer
Water: Public
Year Built: 1999
Zoning: Commercial

Listing courtesy of Coldwell Banker Schmidt Traverse City

402 E Front Street Traverse City, MI 49686