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1012 Seneca
1012 Seneca
1012 Seneca
1012 Seneca
1012 Seneca
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$175,000

1012 Seneca

1 Bath 2,104 Sq.Ft.

Description

Introducing an exceptional industrial opportunity - This 2,104 SF building, zoned Light Industrial, is a prime investment for industrial, warehouse, and distribution purposes. Strategically located in the bustling Cadillac area, this property offers a versatile and adaptable space ideal for a range of industrial activities. With convenient access to key transportation routes, it ensures efficient logistics and connectivity. Whether for storage, manufacturing, or distribution, this property provides a solid foundation for success in the industrial landscape. Don't miss this chance to secure a valuable asset perfectly positioned to meet the needs of industrial, warehouse, or distribution investors. INVESTMENT HIGHLIGHTS Great investment opportunity for this industrial building leased to local business owner Tenant is responsible for utilities and property maintenance Well maintained, heated building Tenant has been at this location since 2023 and lease runs through October 2029 Strategic location between M-115 and US-131 Cap Rate: 10.42% Total Income: $21,600 NOI: $18,234

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Location

1012 Seneca, Cadillac, MI 49601

Status

For Sale

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Daniella Bell

Daniella Bell

TITLE

Real Estate Broker | GRI | ABR

Property Amenities

Area & Lot
Lot Area 1.5 Acres
Living area 2,104 Sq.Ft.
MLS® ID 1933028
Year Built 1994
Type Commercial
Status For Sale
Exterior
Heat type Space Heater, Natural Gas
Disability Features Main Floor Access, Accessible Entrance
Water Source Public
Sewer Public Sewer
Parking Other
Lot Features Freestanding
Roof Metal
Finance
Sales Price $175,000
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Schedule a Showing

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Thank you for your interest in 1012 Seneca, Cadillac, MI 49601. We are reviewing your request and will be in touch shortly!

Cadillac

Work With Daniella

It is my goal to assist you in achieving your goals of a beautiful life, whether selling a property to move up to a bigger and better one or selling to downsize so you can travel or do missionary work.