3055 Cass Road, Traverse City, MI 49684

$2,900,000
  • 3055 Cass Road, Traverse City, MI 49684 Main Photo

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Active
MLS#1906211
STATUSActive PROPERTY TYPECommercial - Business SUBDIVISIONMI

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

3055 Cass Road | MLS# 1906211

This commercial property located at 3055 Cass Road, Traverse City, MI 49684 is currently listed for sale with an asking price of $2,900,000. Search Traverse City real estate on lisasmith.ikeyrealty.com today.

Property Features

Property Type: Commercial - Business
Basement: Slab
Lot Size: 6.31 Acres
Roof Type: Metal
Year Built: 1968

Feature Descriptions

Business Included: No
Construction: Steel
Days on Site: 1307
Exterior: Steel, Stucco/Drivit
Heating/Cooling: Forced Air, Central Air
Lot Dimensions: 340 X 810
Parking: Parking Lot
Present Use: Manufacture/Warehouse, Office Building, Wholesale, Service
Real Estate Included: Yes
Road: Public Maintained
Sewer: Municipal
Water: Municipal Water
Waterfront Type: No

Listed By / Shown By

Listed By

Agency Name: Three West, LLC
Agency Phone: 231-929-2955

Shown By

Agent Name: Lisa Smith
Agent Phone: Cell: (419) 304-0111
Agency Title: Key Realty

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