7048 W 38 Road Active

Cadillac,MI 49601

$ 499900

- Bed

0 Bath

2958 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,958 sqft

Price per Sqft $168

Municipality Slagle Twp

Subdivision Slagle Twp

MLS Listing ID 20240054094

Originating Board Realcomp

Year Built 1962

Lot Size 4.200 Acres

Acres 4.2

Lot Dimensions 438x484x485x446

Property Description

Discover the perfect investment opportunity at 7048 W 38 Cadillac, nestled on nearly 5 acres! This property boasts a fully occupied 2 story 6-unit building, 4 units at 825 and 2 units at 750 in monthly rent , alongside a charming 2 story 2-bedroom, 1.5-bath home leased at 1350 plus utilities. The standalone home features a modern kitchen with stainless steel appliances, a spacious dining area, a luxurious primary bedroom with ensuite, convenient first-floor laundry, and an upstairs loft with a second bedroom. With a detached 2-stall garage, an approximate 1.3 acre paved parking lot, and ample space for expansion - whether for additional units, storage facilities, or guest amenities - this property promises versatility. Positioned near several trails, ski resorts, golf courses, and water sports, it's an ideal hub for short-term rental tourism. Financials are available upon signing an NDA. BTVAI

Location

State MI

County Wexford

Zoning Commercial

Direction W 38 / Caberfae Rd

Rooms

Basement Basement

Interior

Heating Forced Air

Exterior

Waterfront No

View Y/N No

Building

Foundation Block

Sewer Septic Tank

Water Well

Structure Type Vinyl Siding

Others

Tax ID 2212354403

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