3055 Cass Road, Traverse City, MI 49684
- $2,900,000
- List Price
- $2,900,000
- Days on Market
- 1373
- MLS#
- 1906211
- Status
- ACTIVE
- Type
- Commercial
Property Description
Cass Commerce Center is over 31,000 sf of rentable space with excellent income from blend of both office and industrial users. Approximately 60% is office. 10.9 cap on fully leased income, even assuming 10% vacancy and management. Still provides a 10% return with $200,000 put toward improvements. 6.32 Acres for additional buildings or expansion. Two truck docks. 339 feet of direct frontage on Cass Road. Building equipped with central air and 3 phase power, 5 additional overhead doors, metal roof, huge paved & fenced parking lot. Great investment opportunity
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Additional Information
- Acres
- 6.31
- Heating
- Forced Air
- Roofing
- Metal
- Sewer
- Public
- Water
- Public
Mortgage Calculator
Listing courtesy of Listing Agent: David J Frost from Listing Office: Three West, LLC.
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