Nelson Property Management
Daniel Nelson, Nelson Property ManagementPhone: (586) 531-4825
Email: dan@nelsonpm.com
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listing
1 of 18
CommercialFor Sale
$2,980,000
3055 Cass
Traverse City, MI 49684
Courtesy of Three West, LLC
MLS: East Central AOR
31,365Sq Ft
Est. Mortgage
$15,482/mo

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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