3055 Cass Road, Garfield Charter Township, MI 49684
Share Listing
Listing Type
Commercial/Industrial
Listing Status
active
18
$2,900,000
Home Details for 3055 Cass Road
Price
$2,900,000
Type
Business Opportunity
Bedrooms
0
Bathrooms
0.0
Square feet
31365
Year built
1968
Lot size acres
6.31
County
GrandTraverse
Garage
Days on site
1054
MLS Listing#
78080001737
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