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$599,900
Est. payment /mo
6,151 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,151 sqft
Price per Sqft $97
Subdivision Na
MLS Listing ID 78080074626
Year Built 1975
Lot Size 0.690 Acres
Acres 0.69
Property Description
ICONIC DOWNTOWN CADILLAC RESTAURANT â€" PRIME COMMERCIAL OPPORTUNITY! A rare opportunity to own a piece of Cadillac history! Located in downtown Cadillac, this 6,151 sq. ft. commercial building has been home to several memorable dining establishments, including the former Indian Spice Restaurant, Iron Skillet, and, for longtime locals, the beloved Ponderosa. Offering an impressive 242-seat capacity and 85 parking spaces, this property is ready for its next chapter. The spacious interior features multiple dining rooms, a large commercial kitchen, and three walk-in coolers/freezers, providing an excellent foundation for a restaurant, banquet facility, or other hospitality venture. Enjoy these updates for added peace of mind with a new roof installed in 2023, along with new carpet, submersible rain pumps, rooftop ventilation, and heating and cooling with A/C. The spacious layout, established restaurant infrastructure, and abundant parking offer an outstanding opportunity for an entrepreneur or experienced operator to bring their vision to life. Whether you envision bringing a new restaurant concept to life, creating a destination dining experience, or reimagining the space for another commercial use, this property offers a combination of history, size, and location that is hard to find. Bring your vision to downtown Cadillac and make this landmark property part of its next success story!
Location
State MI
County Wexford
Area Area83162Cadillac
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
Parking Features ParkingLot, Other
Utilities Available NaturalGasConnected
View Y/N No
Building
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Cadillac
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Listed by Jean Prangley of REMAX Central
NEARBY SCHOOL & BUSINESS
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