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Listed price in listed location currency (USD).
$599,900

0285

MLS® 1951716

Overview

Key Facts

Type 
Levels Commercial Sale
Size 6151 sqft
Garage 
Taxes $19,769
Days Active 1
Lot Size 0.69 Acres
Approx. Age 1975
Avg. Price Per Sqft $97
MLS® Number 1951716

Property Address: 621 S Mitchell St, Cadillac, MI, 49601-2509

Average square foot calculated using Size range provided by listing agent.

Description

ICONIC DOWNTOWN CADILLAC RESTAURANT – 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!
MLS® Number1951716
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1975
Basement
DrivewayParking Lot
Garage Spaces
HeatForced Air, Natural Gas
A/C

Extras

Price History

Last Sold Price

$335,000$335K

Appreciation

--

Avg. Days Listed

45 days

Today, For Sale for $599,900

For Sale · 0 days

$599,900

MLS® 1951716

5 hours ago

Not Sold Yet

October 2026, For Sale for $599,900

For Sale · 0 days

$599,900

MLS® 1951716

5 hours ago

Not Sold Yet

  • Oct 17, 2026, For Sale for $599,900

July 2024, Sold for $335,000

1921333-2293c4cb-4e63-4bb3-b590-c15dcc6bf1c7.JPG
Sold · 90 days

$335,000$350,000

MLS® 79080016689

2 years ago

Sold on Jul 19, 2024

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