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Listed by Five Star Real Estate - Shelby St Cadillac
$774,000
Est. payment /mo
2 Baths
5,136 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 5,136 sqft
Price per Sqft $150
MLS Listing ID 1896851
Year Built 1967
Lot Size 3.000 Acres
Acres 3.0
Property Sub-Type Mixed Use
Property Description
Rare opportunity to own a prime commercial property directly on Lake Cadillac, just one block from William Mitchell State Park. Situated on over 3 acres with approximately 311 feet of frontage along M-115 in the highly traveled Cadillac West corridor, this property combines waterfront access, exceptional visibility, substantial parking, and incredible flexibility for future use. For more than 40 years, the property has been family-owned and operated as Burke's Waterfront Restaurant. This is an opportunity for an investor, developer, business owner, or entrepreneur to re-imagine one of Cadillac's most recognizable waterfront locations. The existing building offers more than 5,000 square feet of interior space, a large, paved parking area, waterfront views and access, and a seasonal waterfront deck with seating for approximately 60. While currently configured and equipped as a restaurant, the property offers potential for a wide variety of commercial concepts and adaptive uses. For buyers with a larger vision, the combination of 3+ acres, M-115 frontage, proximity to William Mitchell State Park, and a Lake Cadillac waterfront setting also creates a compelling redevelopment opportunity. Renovate the existing structure, repurpose it for an entirely new concept, or explore building new to maximize the potential of this unique site. Properties offering this combination of waterfront, acreage, visibility, parking, and proximity to one of Cadillac's most popular recreational destinations are exceptionally difficult to find. Bring your vision and discover what's possible at this one-of-a-kind Lake Cadillac property.
Location
State MI
Interior
Heating Hot Water, Baseboard, Natural Gas
Exterior
Waterfront Description Public,Private
Roof Type Asphalt,Membrane
Total Parking Spaces 21
Garage false
Building
Foundation Slab
Sewer Public Sewer
Water Public, Private
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