3055 Cass Road, Traverse City, Michigan

$2,980,000

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31,365

Square feet

6.31

Acres

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 572
Zoning Industrial, Office, Commercial, Manufacture/Warehouse
Short Sale No
RE / Bank Owned No

Listing Details

OfficeThree West, LLC

Listing Map

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