MI > Grand Traverse > Traverse City > 3520 Rennie School Road

$1,350,000

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  • MLS# 1921395
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800-871-9992

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248-208-3883

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Fully leased Investment property with 7.9% cap rate based on projected income. 3 industrial buildings with 300' of frontage on Rennie School Road. 1.7 acre parcel with outdoor storage, good signage and good parking. Building A is 5,520 SF with 7-8 offices, shop space with loft storage, and 3 overhead doors (two at grade level and one with a truck loading dock). Building B is 3,280 SF warehouse with a paint booth. Building C is 3,200 SF insulated warehouse, divided into two sections with 3 overhead doors. All spaces are leased with terms ranging from 1-4 years.

Property Information

Status
Active 
Address
3520 Rennie School Road 
City
Traverse City 
Zip
49685 
Year Built
1995 
Listing Date
04/21/2024 
County
Grand Traverse 
Possession
Subject to Tena 
Parking
Paved,Parking Lot 
Price/SqFt
112.5 

Features

Current Use
Manufacture/Warehouse 
Features
Loading Dock(s), Mezzanine, Overhead Door(s) 
Zoning
Commercial, Industrial, Manufacture/Warehouse, Office 
Water
Private Well 
Sub Property Type
Income 
Licenses
None 
Exterior Features
Steel 
Cooling
Forced Air, Natural Gas, Space Heater 
Heating
Forced Air, Natural Gas, Space Heater 

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  • Market Statistics
  • Property History
  • Schools Information
  • Local Business
Market Statistics
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
1921395 Active Apr 21 2024 12:57PM $1,350,000 12
1908121 Expired Active Apr 2 2024 2:17AM 426
1895372 Sold / Created Sale Mar 20 2023 1:57PM $1,100,000 0
1908121 Active Feb 1 2023 1:33PM $1,350,000 426
School Information
Local Business

Learn More About This Listing

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

800-871-9992

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

By proceeding, you consent to receive calls and texts at the number you provided, including marketing by voice, and email, from us and others about your inquiry and other home-related matters, but not as a condition of any purchase. You also agree to our Privacy Policy regarding the information relating to you. Msg/data rates may apply.

Listing Broker

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Listing Courtesy of Coldwell Banker Schmidt-522
Office Address 522 E Front St

3520 Rennie School Road Traverse City
Contact us
$1,350,000
For Sale • Acres: 1.72 • Zoning: Industrial,Office,Commercial,Manufacture/Warehouse