About 1012 Seneca
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 business owner 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 Strategic location between M-115 and US-131 Cap Rate: 10.42% Total Income: $21,600 NOI: $18,234
Features of 1012 Seneca
| MLS® # | 1933028 |
|---|---|
| Price | $175,000 |
| Bathrooms | 1.00 |
| Square Footage | 2,104 |
| Acres | 1.50 |
| Year Built | 1994 |
| Type | Commercial |
| Sub-Type | Industrial |
| Status | Active |
| Association | None |
Community Information
| Address | 1012 Seneca |
|---|---|
| Subdivision | None |
| City | Cadillac |
| County | Wexford |
| State | MI |
| Zip Code | 49601 |
Amenities
| Utilities | Municipal Water |
|---|---|
| Features | Overhead Door(s), 14ft Ceiling Height, Other |
| Parking | Other |
| Is Waterfront | No |
| Has Pool | Yes |
Interior
| Heating | Natural Gas,Space Heater |
|---|---|
| Has Basement | No |
| Basement | Slab |
| Fireplace | No |
Exterior
| Exterior Features | Steel |
|---|---|
| Lot Description | Irregular |
| Roof | Metal |
| Construction | Other |
Additional Information
| Date Listed | April 27th, 2025 |
|---|---|
| Days on Market | 5 |
| Zoning | Industrial |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | 258 |
|---|