NOT LISTED FOR SALE

1920 N Mitchell St Cadillac, MI 49601

Estimated Value: $894,810

3.93 Acres
$227,687 Price per Acre
171,191 Sq Ft Lot

Last Sold March 01, 2024

Last sale price $845,000 $159 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,066/month

391 Days on Market

Highlights

  • Corner Lot
  • Garage
  • High Speed Internet

About This Lot

As of March 2024

3.93 acres of commercial land on Mitchell St on Cadillac's busy north end. There is 193' of frontage on Mitchell St, with over 20,000 cars a day traffic. Currently there is a long standing family owned restaurant operating on the front .68 acres. The 5300 sq ft building has had a new steel roof in recent years. The current business could be continued, or cleared for new development. Municipal sewer and water are available on site, as well as a fire hydrant on the street. This would make an excellent location for new development of a hotel and banquet facility, restaurant chain, or any development requiring a large parcel of land. There is a liquor license that could be purchased separately.

Last Agent to Sell the Property

Greg Bosscher

Five Star Real Estate - Shelby St Cadillac License #6506046948 Listed on: 01/28/2023

Five Star Real Estate - Shelby St Cadillac

Last Buyer's Agent

Non Member Office

NON-MLS MEMBER OFFICE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,030

Lot Details

  • 3.93 Acre Lot
  • Corner Lot
  • Level Lot
  • Cleared Lot
  • The community has rules related to zoning restrictions

Parking

  • Garage

Utilities

  • High Speed Internet
  • Phone Available

Property Details

Property Type

Land

Est. Annual Taxes

$4,030

Lot Details

0

Listing Details

  • Class: Vacant Lot/Land
  • Type: Vacant Lot/Land
  • Section Number: 28
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 215012.72
  • Range: R 9W

Exterior Features

  • Exterior Features: Garage(s)
  • Number Of Acres: 3.93
  • Road: Public Maintained, Blacktop

Utilities

  • Utilities Available: Electric, Natural Gas, Telephone, Cable Internet
  • Waste Available: Municipal
  • Waste Installed: Municipal
  • Water Available: Municipal Water
  • Water Installed: Municipal

Schools

  • School District: Cadillac Area Public Schools

Lot Info

  • Land Features: Level, Cleared, Corner Lot
  • Lot Dimensions: Irregular, see plat
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Commercial

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • School District: Cadillac Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2023
Closed on
Mar 1, 2024
Sold by
Kountry Kitchen Inc
Bought by
Tx Cadillac Llc
Seller's Agent
Greg Bosscher
Five Star Real Estate - Shelby St Cadillac
Buyer's Agent
Non Member Office
NON-MLS MEMBER OFFICE
List Price
$875,000
Sold Price
$845,000
Premium/Discount to List
-$30,000
-3.43%
Views
297
Current Estimated Value
$894,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,810
Avg. Annual Appreciation
3.55%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tx Cadillac Llc $845,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2024 03/01/24 Sold $845,000 -3.4% $159 / Sq Ft
01/29/2024 01/29/24 For Sale $875,000 +3.6% $165 / Sq Ft
01/26/2024 01/26/24 Off Market $845,000 -- --
01/28/2023 01/28/23 For Sale $875,000 -- $165 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,030 $880,100 $0 $0
2024 $2,031 $110,100 $0 $0
2023 $3,703 $89,000 $0 $0
2022 $3,703 $80,100 $0 $0
2021 $3,601 $72,400 $0 $0
2020 $3,834 $95,100 $0 $0
2019 $3,764 $75,500 $0 $0
2018 -- $73,800 $0 $0
2017 -- $79,500 $0 $0
2016 -- $81,300 $0 $0
2015 -- $90,700 $0 $0
2013 -- $120,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1908086

Northern Great Lakes REALTORS® MLS

APN: 2209-28-1206