• 3055 Cass Rd, Traverse City, MI 49684

For Sale

Office

For Sale

This property is available for sale
6.32
Acres
$2,980,000
Sale Price
  • Year Built
    1968
  • Total Building Size
    31,356 RSF
  • Overview

    West side of Cass Rd, south of South Airport Rd. 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.

Contact or Call

For Lease

Office

3055 Cass Rd Suite 121

Available now!
98
Square feet
$350
Per month
  • Time on Market
    over 1 year
  • Space ID
    2131295
  • Presented By
    Three West, LLC - Commercial Real Estate | Consulting
    David Frost
Contact or Call
Office

3055 Cass Rd Suite 202

Available now!
420
Square feet
$775
Per month
  • Time on Market
    over 1 year
  • Space ID
    2131297
  • Presented By
    Three West, LLC - Commercial Real Estate | Consulting
    David Frost
Contact or Call
Office

3055 Cass Rd Suite 108

Available now!
425
Square feet
$950
Per month
  • Time on Market
    over 1 year
  • Space ID
    2131287
  • Presented By
    Three West, LLC - Commercial Real Estate | Consulting
    David Frost
Contact or Call
Office

3055 Cass Suite 110

Available now!
465
Square feet
$1,425
Per month
  • Time on Market
    over 1 year
  • Space ID
    2131766
  • Presented By
    Three West, LLC - Commercial Real Estate | Consulting
    David Frost
Contact or Call
Office

3055 Cass Rd Suite 106

Available now!
1,092
Square feet
$1,950
Per month
  • Time on Market
    over 1 year
  • Space ID
    2131285
  • Presented By
    Three West, LLC - Commercial Real Estate | Consulting
    David Frost
Contact or Call
Office

3055 Cass Rd Suite 101

Available now!
1,610
Square feet
$2,350
Per month
  • Time on Market
    over 1 year
  • Space ID
    2131283
  • Presented By
    Three West, LLC - Commercial Real Estate | Consulting
    David Frost
Contact or Call

Property Details

West side of Cass Rd, south of South Airport Rd. 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.

  • Property Type
    Office
  • Submarket
  • Year Built
    1968
  • Sale Price
    $2,980,000
  • Total Building Size
    31,356RSF
  • Total Acres
    6.32
  • Total Available
    4,110RSF
  • Largest Contiguous
    1,610RSF
  • Building Class
    B
  • Zoning
    Office
  • Sale Status
    Available
  • Property ID
    35111

Landlord's Leasing/Sales Representative

  • David Frost
    Three West, LLC - Commercial Real Estate | Consulting