3055 Cass Rd Traverse City, MI 49684
31,000+ SF mixed-use property with income potential.
Type:Industrial, Mixed Use, Office
Property size:
31,365 SFLot size:
6.32 AcresPrice / SF:
$92/SF- Added:
- Nov 15, 2022
- Days on Market:
- 1253
- Last Refresh:
- Mar 17 at 1:15 pm
Property Features for 3055 Cass Rd
General Information
- Standard status
- Active
- Size
- 31,365 SF
- Lot size
- 6.32 Acres
- Property subtype
- Industrial, Mixed Use, Office
Listing agent David Frost License #MI
Listing office Three West LLC
Listing date Nov 15, 2022
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Three West LLC
Overview
Mixed-Use Investment Opportunity
Cass Commerce Center features over 31,000 square feet of rentable space, offering a mix of office and industrial spaces. Approximately 60% of the rentable area is dedicated to office use. The property is situated on 6.32 acres, providing potential for additional buildings or expansion. It features two truck docks, 339 feet of direct frontage on Cass Road, central air conditioning, three-phase power, five additional overhead doors, a metal roof, and a large paved and fenced parking lot. This property presents a significant investment opportunity.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Kyle Konas
Alternative Medicine Practice
Timeless Window Cleaning
General Contractor
Nationwide Ignition Interlock
Building Supply
Great Lakes Express ...
Courier Service
3dot Cycle
Motorcycle Shop
Location Insight
- Map
- Local Demand
- City
- Traverse City
- County
- Grand Traverse
- State
- Michigan
- Longitude
- -85.6266728
- Latitude
- 44.731215
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - 31,000+ SF mixed-use property with income potential.
Where is this mixed-use property located?
The property is located at 3055 Cass Rd Traverse City, MI.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: 10.9 cap rate on fully leased income, even with 10% vacancy and management costs.; Approximately 31,000 sf of rentable space with a mix of office (60%) and industrial tenants.; 6.32 acres of land allowing for additional buildings or expansion.
