$475,000
$525,000
9.5%For more information regarding the value of a property, please contact us for a free consultation.
2721 Sunnyside Drive Cadillac, MI 49601
4,054 SqFt
Key Details
Sold Price $475,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Square Footage 4,054 sqft
Price per Sqft $117
Subdivision Mi
MLS Listing ID 80052570
Sold Date 04/30/25
Year Built 1999
Lot Size 0.930 Acres
Acres 0.93
Lot Dimensions irregular
Property Sub-Type Business
Property Description
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.
Location
State MI
County Wexford
Area Cadillac (83019)
Zoning Commercial
Interior
Heating Forced Air
Exterior
Parking Features Parking Lot
Roof Type Asphalt
Building
Foundation Basement
Water Public Water
Structure Type Frame,Stone,Wood
Others
Ownership Private
Energy Description Natural Gas
Acceptable Financing Exchange
Listing Terms Exchange
Financing Cash,Commercial Loan
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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Bought with Coldwell Banker Schmidt Traver