6540 E M-115 $899,900


    6540 E M-115 Cadillac, MI 49601

    • 7.36 Acres
    • Commercial
    MLS# 1852314 | Active
    Days On Market: 414 305 Views
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    Property Details

    Prime 696 ft +/- M115 Hwy (Cadillac West) Commercial frontage. This property has a well established business, Lakeview Apartments since 1972. This property boasts 7.3 acres +/-, 9 apartments, living quarters (2 bed, 3 bath, 2 car attached garage), 6 garages, 3 cabins, laundry area, 40x60 polebarn with: electric, concrete floors, and 5 well, municipal sewer and 5 well. Lake Cadillac views from apartments, property has mature trees, ample parking. This is an investment that you can just take ownership, and start reaping the benefits right away! Check out the Virtual Tour (note that some of the video does show the adjoining property also for sale)

    • General Features
      • Licenses None
      • Included In Lease None
      • Business Incl Yes
      • Business Name Lakeview Apartments
      • Type of Ownership Private Owner
      • Approx Year Built 1972
      • Type Hospitality
      • Town T 21N
      • Township Clam Lake
      • Present Use Other
    • Building Features
      • Extras Overhead Door(s)
      • Foundation Crawl Space, Slab
      • Heating Cooling Source Natural Gas
      • Roof Asphalt, Membrane, Other
      • Heating Cooling Type Wall
      • Apx Total Fin SQFT 11,230
    • Property Features
      • Water Private Well
      • Vacant Land No
      • Univs Design/Barrier Free None
      • Road Public Maintained, Blacktop
      • Sewer Municipal
      • Parking Common
      • Exterior Features Brick
      • Construction Full Log, Frame
      • Lot Dimensions irregular
      • Location Free-standing


    Lindy Benson

    Northwest MI Realty Specialist

    RE/MAX Central

    Mobile Phone: 231-920-2550


    49601 (Cadillac) Demographics

    44Median Age
    102Population Density (per sq. mile)
    29%College Educated
    $41,130 Estimated Median Income
    6,298Estimated Total Home Owners
    2,262Estimated Total Renters
    74% / 26%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    21,061Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $157,625 Median Sales Price
    48 Homes Sold
    38 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $899,900
        9/12/2019 4:31:18 AM Status Changed Source New Value: Active
        9/9/2019 9:31:27 AM Status Changed Source New Value: Back on Market
        7/3/2019 4:31:09 AM Status Changed Source New Value: Active
        7/1/2019 12:31:09 AM Status Changed Source New Value: Price Change
        7/1/2019 12:31:09 AM Price Reduced Source New Value: $899,900 -5.27%
        9/3/2018 10:32:00 PM New in Database Source New Value: $950,000

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        The data relating to real estate for sale on this web site comes in part from the Internet Data exchange ("IDX") program of Northern Great Lakes REALTORS MLS. All information is provided exclusively for the 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.