Property Type:
Commercial Sale
Square Footage:
2,104
Lot Size (sq. ft.):
65,340
Status:
Active
Current Price:
$175,000
List Date:
2/25/2026
Last Modified:
2/25/2026
1012 Seneca Place, Cadillac, MI 49601
New Listing
$175,000
Description
Introducing an exceptional industrial opportunity - This 2,104 SF building, zoned Light Industrial, is a prime investment for industrial, warehouse, and distribution purposes. Strategically located in the bustling Cadillac area, this property offers a versatile and adaptable space ideal for a range of industrial activities. With convenient access to key transportation routes, it ensures efficient logistics and connectivity. Whether for storage, manufacturing, or distribution, this property provides a solid foundation for success in the industrial landscape. Don't miss this chance to secure a valuable asset perfectly positioned to meet the needs of industrial, warehouse, or distribution investors. INVESTMENT HIGHLIGHTS Great investment opportunity for this industrial building leased to local businessowner Tenant is responsible for utilities and property maintenance. Well maintained, heated building. Tenant has been at this location since 2023 and lease runs through October 2029. (More..
Supplements: Strategic location between M-115 and US-131 Cap Rate: 10.42% Total Income: $21,600 NOI: $18,234
More Information MLS# 26006919
Location & Property Info
Cross Streets: Wright St
Property Sub-Type: Industrial
Municipality: Cadillac City
Principal Road: No
Ownership Type: Corporate Owned
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 83.17
Prop Avail for Lease?: No
Current Bldg Use: Service
General Property Info
New Construction: No
Lot Dimensions: 210x459x74x479
Road Frontage: 210
Mineral Rights: No
Waterfront: No
Total # Units: 1
Total # Bldgs: 1
# Fin Bldg Lvls: 1
Total SqFt: 2104
School District: Cadillac
Lot Measurement: Acres
Lot Acres: 1.5
Lot Square Footage: 65340
Year Built: 1994
Full Baths: 1
Tax Info
Taxable Value: 48972
SEV: 50800
For Tax Year: 2025
Seller's Annual Property Tax: 2991
Tax Year: 2024
Homestead %: 0
Spec Assessment & Type: n/a
Zoning: Industrial
Tax ID #: 10-110-50-002-01
Remarks & Misc
Public Remarks: Introducing an exceptional industrial opportunity - This 2,104 SF building, zoned Light Industrial, is a prime investment for industrial, warehouse, and distribution purposes. Strategically located in the bustling Cadillac area, this property offers a versatile and adaptable space ideal for a range of industrial activities. With convenient access to key transportation routes, it ensures efficient logistics and connectivity. Whether for storage, manufacturing, or distribution, this property provides a solid foundation for success in the industrial landscape. Don't miss this chance to secure a valuable asset perfectly positioned to meet the needs of industrial, warehouse, or distribution investors. INVESTMENT HIGHLIGHTS Great investment opportunity for this industrial building leased to local businessowner Tenant is responsible for utilities and property maintenance. Well maintained, heated building. Tenant has been at this location since 2023 and lease runs through October 2029. (More..
Legal: Long legal...See 'Agent Only Remarks'...
Additional Details
Ceiling Height: 14
Street Type
Paved: 1
Public: 1
Property Use
Net Leased (nnn): 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Uses
Auto Service: 1
Distribution: 1
Professional Service: 1
Storage: 1
Other: 1
Construction Type
Other: 1
Exterior Material
Metal Siding: 1
Roofing
Metal: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Ownership
LLC: 1
Below Grade
None: 1
Heat Type
Space Heater: 1
Business Includes
Non-Applicable: 1
Foundation
Slab: 1
Util Avail at St
Cable Available: 1
High Speed Internet: 1
Phone Available: 1
Tenant Pays All
Electric: 1
Gas: 1
Sewer: 1
Trash: 1
Water: 1
Purchase Terms Avail
Cash: 1
Conventional: 1
Other: 1
Possession
Subject To Tenant Rights: 1
Location Property Info
County: Wexford
Street #: 1012
Street Name: Seneca
Suffix: Place
State: MI
Zip Code: 49601
Zip (4): 9500
OfficeContract Info
Status: Active
Current Price: $175,000
List Price: $175,000
Listing Date: 2025-04-27
Remarks Misc
Directions: Mitchell St to Pine St, head west continue past Lake St, road becomes. Chestnut St, turn right onto Leeson Avenue, turn left onto Wright St, turn right onto Seneca - follow to the end
Property Features
Property Use: Net Leased (nnn)
Uses: Auto Service; Distribution; Professional Service; Storage; Other
Ownership: LLC
Business Includes: Non-Applicable
Construction Type: Other
Exterior Material: Metal Siding
Roofing: Metal
Foundation: Slab
Below Grade: None
Tenant Pays All: Electric; Gas; Sewer; Trash; Water
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at St: Cable Available; High Speed Internet; Phone Available
Heat Source: Natural Gas
Heat Type: Space Heater
Street Type: Paved; Public
Purchase Terms Avail: Cash; Conventional; Other
Sale Conditions: None
Possession: Subject To Tenant Rights
Listing Office:
Cb Schmidt - Cadillac
Listing Agent:
Daniella M Bell
Last Updated: February - 25 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
