119 S Mitchell Street, Cadillac, MI 49601 (MLS# 23145005)
119 S Mitchell Street, Cadillac, MI 49601
$845,000
Property Type:
Commercial Sale
Square Footage:
9,300
Lot Size (sq. ft.):
5,009
Status:
Active
Current Price:
$845,000
List Date:
12/15/2023
Last Modified:
11/06/2025
Overview
Description
This fully operating restaurant business is ready for a new owner to step in with the previous owners scaling back into retirement. The building was fully renovated in 2018 during the restaurant buildout. It included mechanicals, second-floor deck addition, sprinkler system, full kitchen building out, full bar buildout, and the professionally designed full interior buildout. This restaurant was built from the studs-in with the experience of the owner's 3 previous restaurant ventures, resulting in perfect kitchen workflow and efficient use of space. Owner is willing to meet with prospects and provide insight to help with the transition. Financials can be provided with a signed confidentiality agreement & showing scheduled. You could not create this opportunity from scratch for this price.
Listing Details MLS# 23145005
Location Property Info
- County
- Wexford
- Street #
- 119
- Street Direction
- S
- Street Name
- Mitchell
- Suffix
- Street
- State
- MI
- Zip Code
- 49601
- Zip (4)
- 2193
General Property Info
- New Construction
- No
- Lot Measurement
- Acres
- Lot Acres
- 0.12
- Lot Square Footage
- 5009
- Lot Dimensions
- 50 x 100
- Year Built
- 1880
- Road Frontage
- 50
- Mineral Rights
- Unknown
- Year Remodeled
- 2018
- Total # Units
- Yes
- # Fin Bldg Lvls
- 2
- Total # Bldgs
- Yes
- Total SqFt
- 9300
- Property Use Type
- Business
- Full Baths
- 3
- Waterfront
- No
- School District
- Cadillac
Tax Info
- Tax ID #
- 10-086-00-178-00
- Taxable Value
- 105066
- SEV
- 198500
- For Tax Year
- 2022
- Seller's Annual Property Tax
- 6505
- Tax Year
- 2022
- Spec Assessment & Type
- None known
- Non-Conforming Use
- No
- Homestead %
- 0
Remarks Misc
- Directions
- Downtown Cadillac, MI on the East side of Mitchell St between Cass and Harris.
Waterfront Options
- Water Access Y/N
- No
More Information
Business Opportunity
- Business Description
- Restaurant
Location & Property Info
- Cross Streets
- Cass
- Property Sub-Type
- Business Opportunity
- Area
- Outside MichRIC Area - Z
- Municipality
- Cadillac City
- Principal Road
- Yes
- Ownership Type
- Private Owned
Office/Contract Info
- Auction or For Sale
- For Sale
- List Price/SqFt
- 90.86
- Prop Avail for Lease?
- No
- Current Bldg Use
- Restaurant
Remarks & Misc
- Public Remarks
- This fully operating restaurant business is ready for a new owner to step in with the previous owners scaling back into retirement. The building was fully renovated in 2018 during the restaurant buildout. It included mechanicals, second-floor deck addition, sprinkler system, full kitchen building out, full bar buildout, and the professionally designed full interior buildout. This restaurant was built from the studs-in with the experience of the owner's 3 previous restaurant ventures, resulting in perfect kitchen workflow and efficient use of space. Owner is willing to meet with prospects and provide insight to help with the transition. Financials can be provided with a signed confidentiality agreement & showing scheduled. You could not create this opportunity from scratch for this price.
- Legal
- Lengthy legal on file
Street Type
- Paved
- Yes
- Public
- Yes
Property Use
- Business
- Yes
Utilities Attached
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
- Phone Connected
- Yes
Sewer
- Public Sewer
- Yes
Water
- Public Water
- Yes
Uses
- Restaurant
- Yes
Construction Type
- Block
- Yes
Exterior Material
- Brick
- Yes
Roofing
- Rubber
- Yes
Heat Source
- Natural Gas
- Yes
Sale Conditions
- None
- Yes
Ownership
- LLC
- Yes
Below Grade
- Full
- Yes
Heat Type
- Forced Air
- Yes
Air Conditioning
- Central Air
- Yes
Business Includes
- Equipment
- Yes
- Furniture
- Yes
- Inventory
- Yes
- Licenses
- Yes
- Real Estate
- Yes
Additional Features
- Barrier Free
- Yes
- Fire Sprinkler
- Yes
Util Avail at St
- Electricity Available
- Yes
- Natural Gas Available
- Yes
Docs Req Conf Agrmnt
- Financials
- Yes
Purchase Terms Avail
- Cash
- Yes
- Conventional
- Yes
Possession
- Close Of Escrow
- Yes
Property Features
Property Use:
Business
Uses:
Restaurant
Ownership:
LLC
Business Includes:
Equipment; Furniture; Inventory; Licenses; Real Estate
Construction Type:
Block
Exterior Material:
Brick
Roofing:
Rubber
Below Grade:
Full
Additional Features:
Barrier Free; Fire Sprinkler
Sewer:
Public Sewer
Water:
Public Water
Utilities Attached:
Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at St:
Electricity Available; Natural Gas Available
Heat Source:
Natural Gas
Heat Type:
Forced Air
Air Conditioning:
Central Air
Street Type:
Paved; Public
Purchase Terms Avail:
Cash; Conventional
Docs Req Conf Agrmnt:
Financials
Sale Conditions:
None
Possession:
Close Of Escrow
Documents
Aerial ›
Listing Office:
Dwelling Realty - KW Northern Michigan
Listing Agent:
Brandon Ball
Last Updated: November - 06 - 2025
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