Value-add redevelopment opportunity on a combined 3.54+- acre $169,900

Acreage For Sale near Lake Cadillac

Value-add redevelopment opportunity on a combined 3.54+- acre site with frontage on Aldrich and Wright Streets. Property consists of two parcels and is zoned RM-1 Multiple-Family Residential per the City of Cadillac, with rezoning completed in 2025 in anticipation of apartment conversion of the existing building and potential future housing development on the vacant land. See Documents. RM-1 Multiple-Family Residential zoning allows construction of single-family homes, as well as duplex and multi-family residential uses. Single-family development is subject to R-3 residential standards. Buyer to verify unit count, development potential, and all zoning, site plan, and building requirements with the City.