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3055 Cass Rd

Traverse City, Michigan, 49684, United States

Property ID: #916406 // commercial
3055 Cass Rd
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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 Rd
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
Cashifyd
Connect with a local buyer's rep to get up to
$17,880 cashback!

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 2024-03-31 06:35:40. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.


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