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3055 Cass Road, Traverse City, MI

Price: $2,980,000.00
Square Ft.: 31365
Price/SQFT: $95.01

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

Basic Information

MLS ID: 1906211
City: Traverse City
State: MI
ZIP: 49684
Area: Grand Traverse
Acres: 6.31
Square Feet: 31365

Additional Information

  • Basement: Location: Office Center
  • Business Included: Manufacture/Warehouse,Professional/Office,Wholesale,Professional Service
  • Lot:
  • Business Name: N/A
  • Property Status: Active
  • Construction: Steel Siding,Steel,Stucco/Drivit
  • Documents: None
  • Zoning: Industrial,Office,Commercial,Manufacture/Warehouse
  • Possession: Subject To Tenant Rights
  • Dimensions: 340 X 810
  • For Sale Or Lease: Commercial Sale
  • Directions: One block south of South Airport Rd on the west side of Cass Road.
  • Road Frontage:
  • Days On Market: 890
  • Roofing: Metal
  • Days On MLS: 890
  • Township: Garfield
  • Financing:
  • Water: Public
  • Floor Type:
  • Licenses: None
  • Heating: Forced Air,Natural Gas
  • Year Built: 1968
  • Cooling: Central Air

Listing courtesy of Three West, LLC, 1131 E. Eighth Street Traverse City, MI 49686

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