117 N Mitchell Street, Cadillac, MI 49601 (MLS# 26007115)

117 N Mitchell Street, Cadillac, MI 49601

$975,000

Property Type: Commercial Sale Square Footage: 12,135 Lot Size (sq. ft.): 6,229 Status: Active

Current Price: $975,000 List Date: 2/26/2026 Last Modified: 2/26/2026

Overview

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...')

Supplements: 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 re ... (Read more)

Listing Details MLS# 26007115

Location Property Info

County: Wexford
Street #: 117
Street Direction: N
Street Name: Mitchell
Suffix: Street
State: MI
Zip Code: 49601

General Property Info

New Construction: No
Lot Measurement: Acres
Lot Acres: 0.14
Lot Square Footage: 6229
Lot Dimensions: 50 x 125
Year Built: 1905
Road Frontage: 50
Mineral Rights: Unknown
Total # Units: 6
# Fin Bldg Lvls: 3
Total # Bldgs: Yes
Total SqFt: 12135
Full Baths: 6
Waterfront: No
School District: Cadillac

Tax Info

Tax ID #: 10-086-00-027-00
Taxable Value: 184902
SEV: 452500
For Tax Year: 2025
Seller's Annual Property Tax: 11618
Tax Year: 2024
Spec Assessment & Type: N/A
Zoning: commercial
Homestead %: 0

Remarks Misc

Directions: Downtown Cadillac on west side of street between Mason & Harris.

Location & Property Info

Cross Streets: Harris St.
Property Sub-Type: Business Opportunity
Municipality: Cadillac City
Ownership Type: Corporate Owned

More Information

Office/Contract Info

Auction or For Sale: For Sale
List Price/SqFt: 80.35
Prop Avail for Lease?: No
Current Bldg Use: Leased with multiple long term tenants.

Remarks & Misc

Public Remarks: 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...')
Legal: LOT 5 EXC W 25 FT OF LOT 5, BLK C MITCHELLS REVISED PLAT OF THE VILLAGE OF CLAM LAKE, CITY OF CADILLAC

Street Type

Paved: Yes
Public: Yes

Property Use

Business: Yes
Investment: Yes

Utilities Attached

Cable Connected: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes
Phone Connected: Yes

Sewer

Public Sewer: Yes

Water

Public Water: Yes

Uses

Professional Service: Yes
Professional/Office: Yes
Retail: Yes
Other: Yes

Construction Type

Other: Yes

Exterior Material

Brick: Yes

Roofing

Other: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Ownership

LLC: Yes

Below Grade

Basement: Yes

Heat Type

Forced Air: Yes

Air Conditioning

Central Air: Yes

Docs at List Office

Other: Yes

Business Includes

Real Estate: Yes
Other: Yes

Additional Features

Multi User Facility: Yes

Foundation

Other: Yes

Util Avail at St

Storm Sewer: Yes

Driveway

Shared Unpaved: Yes

Purchase Terms Avail

Cash: Yes
Conventional: Yes
Other: Yes

Possession

Close Of Escrow: Yes
Subject To Tenant Rights: Yes

Property Features

Property Use: Business; Investment Uses: Professional Service; Professional/Office; Retail; Other Ownership: LLC Business Includes: Real Estate; Other Construction Type: Other Exterior Material: Brick Roofing: Other Foundation: Other Below Grade: Basement Additional Features: Multi User Facility Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected Util Avail at St: Storm Sewer Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Driveway: Shared Unpaved Street Type: Paved; Public Purchase Terms Avail: Cash; Conventional; Other Docs at List Office: Other Sale Conditions: None Possession: Close Of Escrow; Subject To Tenant Rights

Listing Office: Cb Schmidt - Cadillac

Listing Agent: Daniella M Bell

Last Updated: February - 26 - 2026

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