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309 N Mitchell St
Cadillac, MI 49601

Retail Property For Sale

Investment Highlights

  • Situated in the heart of downtown Cadillac, offering high foot traffic and excellent visibility.
  • Home to a well-established salon with diverse service offerings, including hair styling, barbering, nails, massage, and makeup.
  • Beautifully updated historical building blending classic architectural details with modern systems.
  • On-site parking for employees and street parking in front, with a nearby city parking lot for additional convenience.

Executive Summary

Downtown Cadillac on West side
**For Sale: Thriving Salon Business & Historical Downtown Cadillac Property** Step into ownership of a turnkey business and a piece of Cadillac's rich history with this rare opportunity! Located in the heart of downtown Cadillac, this beautifully updated historical building is home to a well-established salon that has become a community favorite. **Business Highlights** - Diverse Service Offerings: Hair styling, barbering, nails, massage, makeup, and more ‹“ catering to a wide range of client needs. - Experienced Team: Two talented stylists and one licensed barber are eager to remain, ensuring a seamless transition for new ownership. - Room for Growth: With space to expand services or add new amenities, there's untapped potential to increase revenue. - Turnkey Operation: Sale includes the thriving business, updated equipment, and the real estate. **Property Features** - Historic Charm Meets Modern Updates: The building blends classic architectural details with modern systems, offering a unique and inviting atmosphere for clients. - Prime Location: Nestled in bustling downtown Cadillac, the property enjoys high foot traffic and visibility. On site parking in the back for employees/stylists, street parking in front and there is a city parking lot nearby as well. - ADA Compliant This salon is more than a business; it's a staple of the community for over 25 years, offering a blend of contemporary salon trends and the timeless art of barbering. Perfect for an owner-operator or investor seeking a profitable, ready-to-go opportunity in a growing area. Don't miss this chance to own a thriving business and an iconic property in downtown Cadillac. Financial statements available.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
2,050 SF
Building Class
B
Year Built
1900
Price
$239,900
Price Per SF
$117
Tenancy
Single
Building Height
1 Story
Building FAR
0.61
Lot Size
0.08 AC
Opportunity Zone
Yes
Zoning
CM - Commercial Manufacturing Zone
Frontage
25 FT on Mitchell

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10-086-00-044-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$88,300
  • Listing ID: 34132880

  • Date on Market: 12/9/2024

  • Last Updated:

  • Address: 309 N Mitchell St, Cadillac, MI 49601

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