About 3055 Cass Road
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
Features of 3055 Cass Road
| MLS® # | 1906211 |
|---|---|
| Price | $2,900,000 |
| Square Footage | 31,365 |
| Acres | 6.31 |
| Year Built | 1968 |
| Type | Commercial |
| Status | Active |
Community Information
| Address | 3055 Cass Road |
|---|---|
| Subdivision | N/A |
| City | Traverse City |
| County | Grand Traverse |
| Province | MI |
| Postal Code | 49684 |
Amenities
| Parking | Parking Lot |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced Air, Natural Gas |
|---|---|
| Cooling | Central Air |
| Fireplace | No |
| Has Basement | No |
Exterior
| Lot Description | Office Center |
|---|---|
| Roof | Metal |
| Construction | Steel Siding, Steel, Stucco/Drivit |
| Foundation | Slab |
Additional Information
| Days on Market | 1225 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees Freq. | Annually |
Listing Details
| Office | Three West, LLC |
|---|