117 N Mitchell Street, Cadillac, MI 49601
sale
$975,000
|
Other
Courtesy Of Cb Schmidt - Cadillac
2721 Sunnyside Dr., Cadillac, MI
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.
Read More About This Property
Read Less About This Property
Copyright © 2026 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. Information being provided is 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.
Property Features
- Age: Over 50 Years Old
- Building Units: 6
- Cooling System: Central Air
- Exterior Type: Brick
- Floors: 3
- Heating System: Forced Air
- Legal Description: LOT 5 EXC W 25 FT OF LOT 5, BLK C MITCHELLS REVISED PLAT OF THE VILLAGE OF CLAM LAKE, CITY OF CADILLAC
- MLSID: 26007115
- Rooms: Bathroom 6
- Rooms: Bathroom 4
- Rooms: Bathroom 5
- Rooms: Bathroom 2
- Rooms: Basement
- Rooms: Bathroom 3
- Rooms: Bathroom 1
Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
You may also be interested in...
sale
$1,099,900
Industrial
1500 Ron Wilson Drive
Cadillac, MI 49601
Building: 28,000 sq. ft.
|
Land: 3.4 Acres
Listed By CENTURY 21 Northland
241 E. State St., Traverse City, MI 49684
sale
$850,000
Other
2604 Sunnyside Drive
Cadillac, MI 49601
Building: 8,436 sq. ft.
|
Land: 0.18 Acres
Courtesy Of Five Star Real Estate
4601 Lake Michigan Dr, Grand Rapids, MI 49534
sale
$845,000
Other
119 S Mitchell Street
Cadillac, MI 49601
Building: 9,300 sq. ft.
|
Land: 0.12 Acres
Courtesy Of Dwelling Realty - KW Northern Michigan
369 River St, Manistee, MI
sale
$774,000
Other
2403 Sunnyside Drive
Cadillac, MI 49601
Building: 5,136 sq. ft.
|
Land: 3 Acres
Courtesy Of Five Star Real Estate
4601 Lake Michigan Dr, Grand Rapids, MI 49534