Active For Sale Office

3055 Cass Rd

3055 Cass Rd, Traverse City, MI, 49684

ID 61a6288e

Overview

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.

Additional Information

City
Traverse City
State
MI
Zip Code
49684
Primary Uses
Office
Zoning
Gen Industrial
Building Class
C
# of Buildings
1
Floors
1
Year Built
1,968
Construction Siding
Brick
Construction Type
Masonry