MI > Traverse City > Mi
Traverse City, MI 49684,3055 Cass Road
Traverse City, MI 49684,3055 Cass Road
Traverse City, MI 49684,3055 Cass Road
Traverse City, MI 49684,3055 Cass Road
Traverse City, MI 49684,3055 Cass Road
Traverse City, MI 49684,3055 Cass Road
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Shawn Murphy, GRI, SRES

Shawn Murphy, GRI, SRES

Ferndale Realty

+1(888) 983-2544
$ 2,980,000
Est. payment | /mo

31,365 SqFt

Save
$ 2,980,000
Est. payment | /mo
Save

31,365 SqFt

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 31,365 sqft

Price per Sqft $95

Subdivision Mi

MLS Listing ID 80001737

Year Built 1968

Lot Size 6.310 Acres

Acres 6.31

Lot Dimensions 340 X 810

Property Sub-Type Business

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

Location

State MI

County Grand Traverse

Area Garfield Twp (28005)

Zoning Professional Office,Commercial,Industrial

Interior

Heating Forced Air

Cooling Central A/C

Exterior

Parking Features Parking Lot

Roof Type Metal

Building

Foundation Slab

Water Public Water

Structure Type Steel,Stucco

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Commercial Loan,Conventional

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Three West, LLC
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(888) 983-2544

srmurphy@ferndalerealty.com

6230 Highway 65 NE, Minneapolis, MN, 55432, USA

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3055 Cass Road