Real Estate One - Traverse City / Front
Gordon Hodges, Real Estate One - Traverse City / FrontPhone: (231) 499-4448
Email: [email protected]
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listing
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For Sale
$2,980,000
3055 Cass Road
Traverse City, MI 49684
Listing Provided Courtesy of Three West, LLC
MLS: Northern Great Lakes REALTORS MLS (NGLRMLS)
31,365Sq Ft
Est. Mortgage
$15,482/mo

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

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Information courtesy of Three West, LLC is subject to verification and is not guaranteed.
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