Photo Gallery
$975,000
0
Beds
6
Baths
12,135
Sqft
117 N Mitchell Street, Cadillac, Michigan, 49601
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MLS# 26007115
The Historic Kramer Building | Downtown Cadillac, MI
$975,000
117 N Mitchell Street, Cadillac, Michigan, 49601
0
Beds
6
Baths
12,135
Sqft
0.140
Acres
$975,000
117 N Mitchell Street, Cadillac, Michigan, 49601
0 Beds
6 Baths
12,135 Sqft
0.140 Acres
The Historic Kramer Building | Downtown Cadillac, MI Income-producing property in the heart of Cadillac's vibrant downtown! The iconic Kramer Building combines historic charm with modern updates, offering over 12,000 SF of leasable area across three stories. A cornerstone of the city's central business district, this property features a mix of high-quality, long-term tenants and has been meticulously maintained inside and out. Recent upgrades include electrical, flooring, paint, and mechanical improvements, all while preserving the building's architectural integrity. Many suites feature exposed brick walls, tall ceilings, and large windows that fill the spaces with natural light and provide views of Lake Cadillac. Each suite is individually metered for gas and electric and equipped with its own heating and cooling system. (See 'More...') The building is ADA-compliant, offering a modern elevator system that provides full accessibility to all three floors--an uncommon and valuable feature in a historic downtown property. The elevator serves both front and rear entries, ensuring that all tenants, clients, and visitors can easily navigate the building, whether accessing ground-level retail or upper-level professional offices. This amenity not only meets accessibility standards but also enhances the overall convenience, marketability, and long-term value of the asset. Property amenities include on-street parking at the front door and direct access to a large public parking lot at the rear, providing exceptional convenience and visibility for tenants and patrons alike. Walkable to Lake Cadillac, the City Park, restaurants, retail, and professional services, this property sits at the center of the Downtown Development Authority (DDA) district--an area known for its year-round community activity and business growth. A rare opportunity to own a landmark income property that blends modern functionality with historic distinction. Highlights: Income-producing downtown asset with strong returns. The Kramer Building delivers over 12,000 SF of stabilized leased space with long-term tenants and separate utility metering for maximized efficiency. ADA elevator access, modern systems, and low maintenance costs support reliable cash flow. Located in Cadillac's active DDA district with high visibility and foot traffic, this turnkey portfolio offers above-average ROI and long-term value growth in a proven rental market.
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Property Details
0 Beds
6 Baths
12,135 Sqft
Built 1905
0.140 Acres
Forced Air
Siding : Brick
$11,618 Property Tax
Wexford County
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Location
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Ad Statistics
Ad Number
7327077
Viewed
33 times
Added
Feb 26, 2026
Updated on
Feb 26, 2026
Listing Information
Data Source
Michigan Regional Information Center, LLC.
Source Property ID
26007115
Listing Agent: Daniella M Bell, Cb Schmidt - Cadillac, 231-920-3264, 231-775-1737, Listing Status: Active
Copyright © 2025 Michigan Regional Information Center, LLC.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Copyright © 2025 Michigan Regional Information Center, LLC.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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