About 8826 E 34 Rd
Joe McNally and RE/MAX Together are pleased to offer 34 Road Mall in Cadillac, MI. This is a 100 percent leased, stabilized asset, that offers an investor the rare opportunity to acquire a well constructed and maintained multi tenant retail center at almost a 7 percent Cash-on-Cash Return with obvious upward opportunity. The property is a 21,094 square foot inline center on 34 Rd consisting of 10 tenants, at a 100% occupancy rate. This unbeatable location is set in the heart of Cadillac's most highly traffic corridor. The building has been well maintained, and includes an owner-use storage/wokshop area as a bonus. Annual gross incomes exceed $200,000, with upward potential evident.
Features of 8826 E 34 Rd
| MLS® # | 72025051131 |
|---|---|
| Price | $2,484,000 |
| Bathrooms | 8.00 |
| Acres | 2.50 |
| Year Built | 2007 |
| Type | Commercial |
| Status | Active |
Community Information
| Address | 8826 E 34 Rd |
|---|---|
| Area | 83121 - Haring Twp |
| City | Haring charter township |
| County | Wexford |
| State | Michigan |
| Zip Code | 49601 |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected, Phone Available, Phone Connected |
|---|---|
| Parking | Paved |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced Air, Natural Gas |
|---|---|
| Cooling | Central Air |
| Fireplace | No |
Exterior
| Construction | Block |
|---|---|
| Foundation | Block |
School Information
| District | Cadillac |
|---|
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | RE/MAX TOGETHER |
|---|---|
| Contact Info | joemcnallyhomes@gmail.com |