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listing
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CommercialFor Sale
$2,980,000
3055 Cass Road
Traverse City, MI 49684
Listed by: Three West, LLC, (231) 929-2955
MLS: Aspire North REALTORS®
31,365Sq Ft
Est. Mortgage
$15,482/mo

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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IDX provided courtesy of Realcomp II Ltd. via Nicole Gatto-Ross and Aspire North REALTORS®, ©2024 Realcomp II Ltd. Shareholders. Information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.
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