3055 Cass Road Active Save Request In-Person Tour Request Virtual Tour
Garfield Twp,MI 49684
Key Details
Property Type Commercial
Sub Type Business Opportunity
Listing Status Active
Purchase Type For Sale
Square Footage 31,365 sqft
Price per Sqft $95
MLS Listing ID 78080001737
Originating Board Aspire North REALTORS®
Year Built 1968
Lot Size 6.310 Acres
Acres 6.31
Lot Dimensions 340 X 810
Property 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
Location
State MI
County Grand Traverse
Area Garfield Twp
Zoning Commercial,Office,Light Industrial
Interior
Heating Forced Air,Central Air
Heat Source Natural Gas
Exterior
Pool No
Waterfront no
Roof Type Metal
Accessibility Disabled Access
Building
Foundation Slab
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Steel,Stucco
Schools
School District Traverse City
Others
Tax ID 0501503800
Ownership Private Owned
Acceptable Financing Cash,Conventional,Other
Listing Terms Cash,Conventional,Other
Financing Cash,Conventional,Other
Special Listing Condition Unknown/Data Share Listings