$2,980,000
n/a Beds | n/a Baths | n/a sqft
3055 Cass
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$2,980,000
ACTIVE
3055 Cass, Traverse City, MI 49684
n/a Beds
n/a Baths
n/a SqFt
About This Home

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...

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Snapshot
  • Price:
  • $2,980,000
  • Acreage:
  • 6.31
  • Year Built:
  • 1968
  • Listing ID #:
  • 80001737
  • Street Address:
  • 3055 Cass
  • City:
  • Traverse City
  • State:
  • MI
  • Postal Code:
  • 49684
  • County:
  • Grand Traverse
  • Subdivision:
  • Garfield Twp
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial Sale
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Listing Provided By: David J Frost of Three West
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