Homes for sale - 3055 Cass Road, Garfield Twp, MI 49684

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Chris Hubel

chris@chrishubel.com +1(248) 568-6030

$ 2,980,000

Est. payment -/mo

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3055 Cass Road Garfield Twp, MI 49684

31,365 SqFt

UPDATED:

10/03/2024 10:50 AM

Key Details

Property Type Commercial

Sub Type Business Opportunity

Listing Status Active

Purchase Type For Sale

Square Footage 31,365 sqft

Price per Sqft $95

MLS Listing ID 78080001737

Originating Board Aspire North REALTORS®

Year Built 1968

Lot Size 6.310 Acres

Acres 6.31

Lot Dimensions 340 X 810

Property 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

Location

State MI

County Grand Traverse

Area Garfield Twp

Zoning Commercial,Office,Light Industrial

Interior

Heating Forced Air, Central Air

Heat Source Natural Gas

Exterior

Roof Type Metal

Accessibility Disabled Access

Building

Foundation Slab

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Steel,Stucco

Schools

School District Traverse City

Others

Tax ID 0501503800

Ownership Private Owned

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Financing Cash,Conventional,Other

Special Listing Condition Unknown/Data Share Listings

Listed by David J Frost of Three West, LLC