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 | $2,980,000 |
| Bathrooms | 0.00 |
| Square Footage | 31,365 |
| Acres | 6.31 |
| Year Built | 1968 |
| Type | Commercial |
| Sub-Type | Income, Commercial Sale |
| Status | Active |
Community Information
| Address | 3055 Cass Road |
|---|---|
| Subdivision | N/A |
| City | Traverse City |
| County | Grand Traverse |
| Province | Michigan |
| Postal Code | 49684 |
Amenities
| Utilities | WATER: Municipal Water SEWER: Municipal |
|---|---|
| Features | Other |
| Parking | Parking Lot |
| Is Waterfront | No |
Interior
| Heating | Natural Gas, Forced Air, Central Air |
|---|---|
| Has Basement | No |
| Basement | Slab |
Exterior
| Exterior Features | Steel, Stucco/Drivit |
|---|---|
| Lot Description | 340 X 810 |
| Roof | Metal |
| Construction | Steel |
Additional Information
| Date Listed | October 26th, 2022 |
|---|---|
| Days on Market | 690 |
| Zoning | Industrial, Office, Commercial, Manufacture/Warehouse |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Three West, LLC |
|---|