MI > Grand Traverse > Traverse City > 3055 Cass Road

$2,980,000

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  • MLS# 1906211
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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

Property Information

Status
Active 
Address
3055 Cass Road 
City
Traverse City 
Zip
49684 
Year Built
1968 
Listing Date
10/26/2022 
County
Grand Traverse 
Possession
Subject to Tena 
Parking
Parking Lot 
Price/SqFt
95.01 

Features

Current Use
Manufacture/Warehouse,Office Building,Wholesale,Service 
Features
Other 
Zoning
Commercial, Industrial, Manufacture/Warehouse, Office 
Water
Municipal Water 
Sub Property Type
Income 
Licenses
None 
Exterior Features
Steel, Stucco/Drivit 
Cooling
Central Air, Forced Air, Natural Gas 
Heating
Central Air, Forced Air, Natural Gas 

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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
1909252 Active Mar 22 2023 1:28PM $18 392
1906211 Active Oct 26 2022 3:30PM $2,980,000 539
1869393 Expired Active May 7 2020 2:16AM 183
1869393 Active Nov 6 2019 12:04PM $1,850 183
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 Three West, Llc
Office Address 1131 E. Eighth Street

3055 Cass Road Traverse City
Contact us
$2,980,000
For Sale • Acres: 6.31 • Zoning: Industrial,Office,Commercial,Manufacture/Warehouse