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about this listing from:
Traverse City, Michigan
Price: $1,350,000
Age: 1995
Square Footage: 12000
Acres: 1.72
Township: Garfield
County: Grand Traverse
Fully Leased Investment Property With 7.9% Cap Rate Based On Projected Income. 3 Industrial Buildings With 300' Of Frontage On Rennie School Road. 1.7 Acre Parcel With Outdoor Storage, Good Signage And Good Parking. Building A Is 5,520 Sf With 7-8 Offices, Shop Space With Loft Storage, And 3 Overhead Doors (two At Grade Level And One With A Truck Loading Dock). Building B Is 3,280 Sf Warehouse With A Paint Booth. Building C Is 3,200 Sf Insulated Warehouse, Divided Into Two Sections With 3 Overhead Doors. All Spaces Are Leased With Terms Ranging From 1-4 Years.
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