MLS# 1906211


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Shiawassee IDX
3055 Cass Road
Traverse City, Michigan



Price: $2,980,000
Age: 1968
Square Footage: 31365
Acres: 6.31
Township: Garfield
County: Grand Traverse
Type: Commercial



Remarks:

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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Property listed by: Three West, LLC 231-929-2955