Seller Financing
Address
115 N Mitchell Street, Cadillac, MI
Price
$ 199,000
Property Attributes
- MLS#24020986
- TypeCommercial
- CountyWEXFORD
- CityCadillac
- AreaCadillac City
- NeighborhoodCadillac City
- Zip49601
- StyleBusiness
- Price$ 199,000
- Bedrooms0
- Full Bathrooms2
- Half Bathrooms0
- Lot Size3,049 SqFt
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description
Turn key business opportunity in the thriving core of Downtown Cadillac. Established in 2021, roasted cafe cocktail and coffee bar has built a following, and is now looking for someone to take this beautifully renovated space to the next level! The prime downtown location has had well over the asking price invested into renovations and equipping the business start up. Included in the sale is all of the equipment, furniture, fixtures, a DDA class C liquor license, and the established name and following they have built. There are 8 years left on the lease, offering security for the new owner. The current owners have decided to focus their energy on other business entities they own. With 50% down, there are possibilities for owner financing. If you have a passion to be creative in the food industry coupled with ownership mentality, be sure to check into this opportunity further! Check out their website at roastedcafe.com or on Facebook at roastedcafecadillac. This is a business only sale, no real estate included.
| Price History | |
|---|---|
| 5/1/2024 | Listed $199,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Cooling | Central Air |
| Utilities | Natural Gas Available,Electric Available,Natural Gas Connected,Electric Connected |
| Possession | Close Of Escrow |
| Roof | Rubber |
| Construction Materials | Stucco,Brick,Block |
| Year Built | 2021 |
| Township | Cadillac City |
| Property SubType | Business |
| Tax Year | 2024 |
| Business Type | Restaurant,Bar/Tavern/Lounge |
| Business Name | Roasted Cafe |
| County | Wexford |
| New Construction | No |
| Property Type | Commercial Sale |
| Building Features | Barrier Free |
| Status | Active |
| Directions | Downtown Cadillac |
| City | Cadillac |
| High School District | Cadillac |
| Zoning Description | Commercial |
| Total Units | 1 |
| MLS Area | Outside MichRIC Area - Z |
| Lot Size Square Feet | 3049.0 |
| Waterfront Y/N | No |
| Street Name | Mitchell |
| Land Lease Y/N | No |
| Tax Annual Amount | 0.0 |
| Lease Renewal Y/N | No |
| MLS Area Minor | Outside MichRIC Area - Z |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Days on Market | 14 |
| Standard Status | Active |
| Occupancy Description | Tenant |
| Ownership Type | LLC |
| MobileHomeRemainsYN | No |
| Legal Description | N/A no real estate. Business only. |
| Senior Community | None |
Interior Features
| Basement | Full |
|---|---|
| Total Fireplaces | 1 |
| Total Stories | 1 |
| Basement (Y/N) | No |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Full Baths | 2 |
| Street Suffix | Street |
| Electric On Property Y/N | No |
| Total Baths | 2 |
Exterior Features
| Water Source | Public |
|---|---|
| Inclusions | {u'Licenses': True,u'Equipment': True,u'Furniture': True} |
| Lot Size Area | 0.07 |
| Foundation Details | Block |
| Number of Buildings | 1 |
| Spa | No |
| Building Area Total | 3057.0 |
| Lot Dimensions | 25 x 125 |
| Lot Size Acres | 0.07 |
| Road Surface Type | Paved |
| Lot Size Units | Acres |
| Crops Included Y/N | No |
| Open Parking Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 49601
Price
Visits
Year Built
Listing information is provided by Participants of the MichRIC MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. ©: MichRIC MLS. Last Update May 18, 2024 6:20 PM UTC
Water Wonderland Board of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
Northern Great Lakes REALTORS® MLS All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
