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9300973
9300972

3055 Cass Rd, Traverse City, MI 49684

Three West LLC
Listed by Three West LLC
$2,900,000
1305 days on market
Updated 2 days ago

3055 Cass Rd

Details
APN 05-015-038-00
Property Type Industrial, Mixed Use (+1)
Sub Type Traditional Office, Warehouse
Square Footage 31,365
Tenancy Multi
Lease Type Modified
Price per SqFt $92
Broker Co-Op Yes
Acreage 6.310
Zoning Commercial

Industrial | 31,365 SqFt

Marketing description

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

Investment highlights

Convenient Location

6.32 Acres - Room to Expand

339 ft of Road Frontage

Plenty of Parking

31,000 sf of rentable space

Listing Contacts

Three West LLC
Listed by Three West LLC

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