$125,000
SOLD DEC 13, 2024

201 South St Cadillac, MI 49601

0.93 Acre
$134,409 Price per Acre
40,511 Sq Ft Lot

Recently Sold

36% Below List Price

184 Days on Market

About This Lot

As of December 2024

Prime commercial property in Cadillac, Michigan, offering a lucrative opportunity for savvy investors. Located in close proximity to the shores of Lake Cadillac and the bustling downtown area, this property boasts a vacant building ripe for renovation or redevelopment, along with three vacant lots along South Street. With its strategic location and ample potential, this property presents an ideal canvas for various business ventures, from multi-family residential to retail shops to dining establishments or office spaces. Don't miss out on the chance to capitalize on this promising investment opportunity in an excellent location.

Last Agent to Sell the Property

Dave Coonrod

Three West, LLC License #6501426180 Listed on: 06/11/2024

Last Buyer's Agent

Mike McGuire

Coldwell Banker Schmidt-Cadillac License #6501379230

Coldwell Banker Schmidt-Cadillac

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,347

Lot Details

  • 0.93 Acre Lot
  • Lot Dimensions are 242x150
  • Level Lot
  • The community has rules related to zoning restrictions

Utilities

  • Phone Available
  • Cable TV Available

Property Details

Property Type

Land

Est. Annual Taxes

$4,347

Lot Details

0

Listing Details

  • Class: Vacant Lot/Land
  • Type: Vacant Lot/Land
  • Section Number: 4
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 134408.6
  • Range: R 9W

Exterior Features

  • Exterior Features: Development Property
  • Number Of Acres: 0.93
  • Road: Public Maintained

Utilities

  • Utilities Available: Electric, Natural Gas, Telephone, Cable Tv
  • 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
  • Lot Dimensions: 242x150
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Residential, Multi-Family, 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

Closed on
Mar 24, 2017
Sold by
Richardson Patricia Ann
Bought by
4J Holdings
Current Estimated Value
$128,960
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 Type Sale Price Title Company
Warranty Deed -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2024 12/13/24 Sold $125,000 -30.6% --
09/05/2024 09/05/24 Price Changed $180,000 -7.7% --
06/11/2024 06/11/24 For Sale $195,000 -- --
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 $4,347 $121,300 $0 $0
2024 $2,812 $128,000 $0 $0
2023 $3,992 $115,700 $0 $0
2022 $3,992 $98,300 $0 $0
2021 $3,888 $88,300 $0 $0
2020 $3,848 $82,300 $0 $0
2019 $3,845 $73,600 $0 $0
2018 -- $57,300 $0 $0
2017 -- $53,300 $0 $0
2016 -- $52,700 $0 $0
2015 -- $54,700 $0 $0
2013 -- $55,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1923528

Northern Great Lakes REALTORS® MLS

APN: 10-086-00-077-00