Randy LaPrezeBig Rapids Realty, REALTOR®

231-349-1395

1012 Seneca Place, Cadillac, MI 49601

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$175,000
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  • Bedrooms  
  • Bathrooms 1
  • SQ. FT.  
  • Schools Cadillac
  • County Wexford
  • Township Cadillac City
  • Above Grade Sq. Ft.  
  • Below Grade Sq. Ft.  
  • Bedrooms  
  • Bathrooms 1 (F)
  • Basement  
  • Garage  
  • Acreage 1.5
  • Heat Type Space Heater
  • Central Air  
  • Year Built 1994
  • Style  
  • Exterior  
  • Taxes  
  • SEV 50800
  • Zoning Industrial
  • Parcel 10-110-50-002-01
  • Lot Size 210x459x74x479

Features

Introducing an exceptional industrial opportunity - This 2,104 SF building, zoned Light Industrial, is a prime investment for industrial, warehouse, and distribution purposes. Strategically located in the bustling Cadillac area, this property offers a versatile and adaptable space ideal for a range of industrial activities. With convenient access to key transportation routes, it ensures efficient logistics and connectivity. Whether for storage, manufacturing, or distribution, this property provides a solid foundation for success in the industrial landscape. Don't miss this chance to secure a valuable asset perfectly positioned to meet the needs of industrial, warehouse, or distribution investors. INVESTMENT HIGHLIGHTS Great investment opportunity for this industrial building leased to local businessowner Tenant is responsible for utilities and property maintenance. Well maintained, heated building. Tenant has been at this location since 2023 and lease runs through October 2029. (More.. Strategic location between M-115 and US-131 Cap Rate: 10.42% Total Income: $21,600 NOI: $18,234

Directions Mitchell St to Pine St, head west continue past Lake St, road becomes. Chestnut St, turn right onto Leeson Avenue, turn left onto Wright St, turn right onto Seneca - follow to the end
Listing Courtesy of Daniella M Bell - Cb Schmidt - Cadillac

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