Price: $2,980,000.00
Square Ft.: 31365
Price/SQFT: $95.01

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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Basic Features:

MLS ID: 1906211
City: Traverse City
State: MI
ZIP: 49684
Area: Grand Traverse
Acres: 6.31
Square Feet: 31365

Additional Features:

Basement:	Location: Office Center
Business Included: Manufacture/Warehouse,Professional/Office,Wholesale,Professional Service	Lot:
Business Name: N/A	Property Status: Active
Construction: Steel Siding,Steel,Stucco/Drivit	Documents: None
Zoning: Industrial,Office,Commercial,Manufacture/Warehouse	Possession: Subject To Tenant Rights
Dimensions: 340 X 810	For Sale Or Lease: Commercial Sale
Directions: One block south of South Airport Rd on the west side of Cass Road.	Road Frontage:
Days On Market: 890	Roofing: Metal
Days On MLS: 890	Township: Garfield
Financing:	Water: Public
Floor Type:	Licenses: None
Heating: Forced Air,Natural Gas	Year Built: 1968
Cooling: Central Air

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Listing courtesy of Three West, LLC
1131 E. Eighth Street Traverse City, MI 49686