3055 Cass RD
For Sale · Business Opportunity · Garfield Charter Township, Grand Traverse, Michigan
Courtesy of Three West, LLC
$2,900,000
- Type: Business Opportunity
- Status: Active
- Building: 31,365 SF
- Lot: 6.31 acres
- Year built: 1968
- MLS #: 179605618
About this property
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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