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:

Listing # 1906211
City: Traverse City
State: MI
Zip: 49684
Area: Grand Traverse
Neighborhood:
Acres: 6.31
Square Ft: 31365

Additional Features:

Basement: Slab	Location: Office Center
Business Included: No	Lot:
Business Name: N/A	Miscellaneous:
Construction: Steel	Documents:
Zoning: Industrial,Office,Commercial,Manufacture/Warehouse	Possession: Subject to Tenants Rights
Deeded Water: No	Property Status: Active
Dimensions: 340 X 810	Real Estate Included: Yes
Directions: One block south of South Airport Rd on the west side of Cass Road.	Remodeled: 1995
Days On Market: 775	Road Frontage: Public Maintained
Days On MLS: 775	Roofing: Metal
ECO Features: No	For Sale Or Lease: For Sale
Extras: Other	For Sale Or Rent: For Sale
Financing:	Special Assessment:
Floor Type:	Township: Garfield
Heating/Cooling: Natural Gas	Vacant: No
Heating/Cooling Type: Forced Air,Central Air	Water:
Inventory Included: No	Year Built: 1968
Licenses: None

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