3055 Cass Road, Traverse City
Driving Directions$2,900,000
(415 ) 254-1622
info@manitou-life.com
Listing is courtesy of Three West, LLC
231-929-2955
MLS: #1906211
- Sale or Lease: False
- Square Feet: 31,365
- Acres: 6.31
- Business Incl: No
- Real Estate Incl: Yes
- Township: Garfield
- County: Grand Traverse
- Business Type: Manufacture/Warehouse, Professional/Office, Wholesale, Professional Service
- Location: Office Center
- Included in Rent: Other
- Zoning: Industrial,Office,Commercial,Manufacture/Warehouse
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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