201 South St, Cadillac

201 South St Cadillac, MI 49601

201 South St, Cadillac, MI, 49601
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FOR SALE
Property Type:
Multifamily Land
Amount:
$180,000
Last Verified:
Sep 05, 2024

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Highlights

  • Excellent location
  • Development Opportunities
  • Close to Lake Cadillac and downtown

Description

Prime commercial property in Cadillac, Michigan, offering a lucrative opportunity for savvy investors. Located in close proximity to the shores of Lake Cadillac and the bustling downtown area, this property boasts a vacant building ripe for renovation or redevelopment, along with three vacant lots along South Street. With its strategic location and ample potential, this property presents an ideal canvas for various business ventures, from multi-family residential to retail shops to dining establishments or office spaces. Don't miss out on the chance to capitalize on this promising investment opportunity in an excellent location.

Located on the southwest corner of the intersection of South St and Aspen St.

Building Size: 2731sq ft
Lot Size: 0.93 acres


Documents

Sale Brochure

Map of 201 South St, Cadillac, MI, 49601

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.