3055 Cass

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3055 Cass

Garfield Twp, Michigan 49684

31,365 sqft | MLS# 78080001737

Active $2,980,000

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For more information on this property, please contact:

Anwar Jennings

313-283-1873 313-283-1873 Send email

DESCRIPTION

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

FACTS

School District: Traverse City County: Grand Traverse Status: Active Listing Type: Commercial Year Built: 1968

FEATURES

Sewer: Public Sewer (Sewer-Sanitary) Exterior: Steel,Stucco

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