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$4,194,000

MLS 1917267
1867 Cass Hartman Court Traverse City, MI 49685  
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Industrial investment opportunity! This offering is for a sale-leaseback opportunity at a 9% CAP Rate. Building has undergone extensive upgrades and features over 40,000 SF with ceiling heights up to 24' and 22,000 SF with ceilings up to 20'. Building has newer fire suppression system, heavy duty electric, multiple truck wells and loading docks, lunch room, multiple bathrooms and 3-4 offices. Business will lease building back on NNN lease for 3 years with 1 year option.
Price $4,194,000 County: Grand Traverse Zoning:  Industrial,Commercial,Manufacture/Warehouse
Area: Grand Traverse
Status: Active
Waterfront Feet: 0 Sewer: Municipal
Lake/River:  Lot Size: irregular Heat: Forced Air,Wall,Central Air,Other,Space Heater
Township: Garfield Water: Municipal Water Acres: 2.90

 

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Listing Provided Courtesy of:
Coldwell Banker Schmidt-522

Copyright © 2024 Northern Great Lakes Realtor MLS (NGLR)
Listing provided by NGLR Association of Realtors, database last updated Saturday June 15, 2024
 
Direct Link:  https://cmiaridx.com/RETS/idx/morrisrichardson/commercial/index.php?view=1917267