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3055 Cass Road

Traverse City, Michigan, 49684, United States

Property ID: #916406 // Commercial // Source Status: Active
3055 Cass Road
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Traditional Sale
List Price:
$2,980,000.00
Icon 31,365 ft²
Icon 6.31 acres
Icon - beds
Icon - baths
Address:
3055 Cass Road
City:
Traverse City
State:
Michigan
Zip Code:
49684
County:
Grand Traverse
Subdivision:
N/A
Country:
United States
Property Type:
Commercial
Additional Property Types:
Business
Year Built:
1968
Property Size:
31,365 ft²
Lot Size:
6.31 acres
Data Source:
Michigan Multiple Listing Service (MiRealSource)
MLS/Reference Number(s):
80001737
Source Status:
Active
Source Property Type:
Commercial, Business

Property Provided By

  • David Frost
  • Three West, LLC
  • +1 (231) 929-2955

Connect with local buyer agents who are willing to offer commission savings!

Property Information

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

Source Disclaimer

Michigan Multiple Listing Service (MiRealSource)

Listing Information © 2024 MiRealSource Inc. All Rights Reserved.
Courtesy of Three West, LLC.
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

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This content last updated on 2024-10-21 20:58:02. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.


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