Active

1867 Cass Hartman Court

Traverse City MI, 49685

$4,194,000


$65.01 per sqft

Active

64,518 sqft

Commercial

Built in 1977

Industrial investment opportunity! This offering is for a sale-leaseback opportunity at a 9% CAP Rate. Building has undergone extensive upgrades and features over 40,000 SF with ceiling heights up to 24' and 22,000 SF with ceilings up to 20'. Building has newer fire suppression system, heavy duty electric, multiple truck wells and loading docks, lunch room, multiple bathrooms and 3-4 offices. Business will lease building back on NNN lease for 3 years with 1 year option.

1917267

MLS ID

November 1, 2023

Listed

July 19, 2024

Updated

Map

1867 Cass Hartman Court
Traverse City MI, 49685

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

Natural Gas, Forced Air, Wall, Central Air, Other, Space Heater


Heating

Yes


Heating Description

Natural Gas, Forced Air, Wall, Central Air, Other, Space Heater

Exterior/Building Features

Lot Size

2.9 Acres


Exterior Features

Steel


Roof

Metal/Steel


Sewer

Municipal

School Information

School District

2

Other Property Details

Area Name

Grand Traverse


Days on Market

89


Garage

No


Parking

Paved, Parking Lot


View

No


County

Grand Traverse


Municipality

Garfield


Water Source

Municipal Water


Pool

No


Zoning

Industrial,Commercial,Manufacture/Warehouse

Listed by Daniel Stiebel with Coldwell Banker Schmidt-522
Listing Contact: 231-929-2300 

The IDX display contains information sourced from the Northern Great Lakes REALTORS® MLS as of 7/19/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024 Northern Great Lakes REALTORS® MLS all rights reserved.

Data last updated on 7/19/2024 at 1:34 PM UTC

 

 

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