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1508 N Mitchell Street
Cadillac, MI 49601

$2,340,000 - Status: Active
MLS# 26002162

Joe McNally and RE/MAX Together are pleased to offer The Mitchell Street Mall in Cadillac, MI. This is a 91% leased stable asset, that offers an investor the rare opportunity to acquire a well constructed and maintained multi tenant retail center at almost a 20 percent Cash-on-Cash Return and a current 8+ cap rate, with tremendous upward opportunity through the one vacant unit, an anchor store sized 25,000 square feet unit ready for investors or delevopers to step into as a turn-key major store space, complete with commercial loading docks, inventory space, and storage areas (previously JC Penny). This incredible location is set in the heart of one of Cadillacs most highly traffic corridors. Annual gross incomes exceed $270,000, with enormous upward potential. Most units have been recently renovated and built out, and have long term leases in place with stable businesses in place. This is a hard-to-find investment opportunity, call today for more information.

Property Features

MLS#: 26002162
Zip: 49601
Subdivision:
Development: Haring Township
Property Type: Commercial - Retail
Cooling: Central Air
Days on Site: 106
Heating: Forced Air
Lot Size: 8.94 acres
Taxes: $34,004
Year Built: 1980

Feature Descriptions

Business Type: Professional/Office, Professional Service, Restaurant, Retail
Exterior: Brick
Interior: Broadband
Lot Dimensions: Irregular
Parcel Number: 2209-28-4202
Parking Total: 200
Road Surface: Paved
Sub Type: Retail
Units: 11
Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected

Local Schools

School District: Cadillac

1508 N Mitchell Street | MLS# 26002162

This commercial property located at 1508 N Mitchell Street, Cadillac, MI 49601 is currently listed for sale with an asking price of $2,340,000. N Mitchell Street is located within the Cadillac school district. Search Cadillac real estate on www.coldwellbanker1stchoice.com today.

Listed By / Shown By

Listed By

Agency Name: RE/MAX TOGETHER
Agent Name: Joseph McNally

Shown By

Agency Title: Coldwell Banker 1st Choice
Agency Phone: (219) 324-2121

IDX logoThe property comes from the Member MLS's of the Michigan Regional Information Center, LLC (MichRIC). Copyright 2026 Michigan Regional Information Center, LLC (MichRIC). All rights reserved. Information deemed reliable, but not guaranteed. Data Last Updated 05/05/2026.

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