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Larry Else

larry@dtrdetroit.com +1(313) 315-3215

$ 975,000

Est. payment -/mo

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Active

117 N Mitchell ST Cadillac City, MI 49601

6 Baths

12,135 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type BusinessandRealEstate

Listing Status Active

Purchase Type For Sale

Square Footage 12,135 sqft

Price per Sqft $80

MLS Listing ID 72026007115

Year Built 1905

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type BusinessandRealEstate

Property Description

The Historic Kramer Building \ Downtown Cadillac, MI Income-producing property in the heart of Cadillac's vibrant downtown! The iconic Kramer Building combines historic charm with modern updates, offering over 12,000 SF of leasable area across three stories. A cornerstone of the city's central business district, this property features a mix of high-quality, long-term tenants and has been meticulously maintained inside and out. Recent upgrades include electrical, flooring, paint, and mechanical improvements, all while preserving the building's architectural integrity. Many suites feature exposed brick walls, tall ceilings, and large windows that fill the spaces with natural light and provide views of Lake Cadillac. Each suite is individually metered for gas and electric and equipped with its own heating and cooling system. (See 'More...')The building is ADA-compliant, offering a modern elevator system that provides full accessibility to all three floors--an uncommon and valuable feature in a historic downtown property. The elevator serves both front and rear entries, ensuring that all tenants, clients, and visitors can easily navigate the building, whether accessing ground-level retail or upper-level professional offices. This amenity not only meets accessibility standards but also enhances the overall convenience, marketability, and long-term value of the asset. Property amenities include on-street parking at the front door and direct access to a large public parking lot at the rear, providing exceptional convenience and visibility for tenants and patrons alike. Walkable to Lake Cadillac, the City Park, restaurants, retail, and professional services, this property sits at the center of the Downtown Development Authority (DDA) district--an area known for its year-round community activity and business growth. A rare opportunity to own a landmark income property that blends modern functionality with historic distinction. Highlights: Income-producing downtown asset with strong returns. The Kramer Building delivers ov

Location

State MI

County Wexford

Area Area83162Cadillac

Rooms

Basement Common Storage Locker

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Exterior

Parking Features SharedDriveway, Unpaved

Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected, PhoneConnected

View Y/N No

Roof Type Other

Building

Foundation Basement, Other

Sewer Public Sewer, Storm Drain

Water Public

New Construction No

Schools

School District Cadillac

Others

Ownership LLC

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition CorporateRelocation

Listed by Daniella M Bell of Cb Schmidt - Cadillac

NEARBY SCHOOLS & PROPERTIES

Larry Else

Broker | License ID: 386964

+1(313) 315-3215

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