3055 Cass Road Unit ********

  • $2,900,000
3055 Cass Road, Traverse City, MI 49684
Listing courtesy of Three West, LLC, David J Frost

Overview

Property ID: 80001737
  • Business Opportunity
  • Property Type
  • ********
  • Bedroom
  • 31365
  • Sq Ft
  • 1968
  • Year Built
For Sale
3055 Cass Road, Traverse City, MI 49684
  • $2,900,000

Overview

Property ID: 80001737
  • Business Opportunity
  • Property Type
  • ********
  • Bedroom
  • 31365
  • Sq Ft
  • 1968
  • Year Built

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

Details

Updated on August 5, 2025 at 2:26 am
  • Property ID: 80001737
  • Price: $2,900,000
  • Property Size: 31365 Sq Ft
  • Land Area: 6.31 Acres
  • Bedroom: ********
  • Garage: Attached
  • Year Built: 1968
  • Property Type: Business Opportunity
  • Property Status: For Sale
  • Address 3055 Cass Road
  • City Traverse City
  • State/county Michigan
  • Zip/Postal Code 49684
  • Country US

Features

  • Air Conditioning
  • Central Air

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