514 N Mitchell

Description

A rare opportunity to own a piece of historic downtown Cadillac. As you travel down Mitchell Street the natural brick facade draws the eye. Inside, this multi-use building features over 5.600 sq. feet of commercial space. The main level would work perfectly for a brewpub or neighborhood bar/eatery (liquor license not included). Some tables, chairs, barstools, etc. are included in the sale. Character features such as: exposed duct work, tall ceiling's and crown molding make the possibilities endless. Downstairs you'll find ample storage space, the beer cooler, an office and a kitchen that could be used as a prep area if you wanted to serve food. Upstairs features two residential units which have private entrances and offer the potential to live onsite or produce income. New plumbing, new on demand water heater, new furnace and AC unit and many other updates. Seller will do a land contract with a full price offer (15 year balloon at 5%), or a total cash out or finance. Buyer is responsible for paying all closing costs which will be considered the down payment.