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1867 Cass Hartman Court

Traverse City, MI 49685
  • $4,194,000
  • STATUS: Active
  • ON SITE: 175 Days
  • MLS #: 1917267
UPDATED: 134 min ago
$4,194,000
  • 0
    BEDS
  • 2.9
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 64,518
    SQFT
  • $65
    $/SQFT
Neighborhood:
N/A
Type:
Commercial
Built:
1977
County:

School Ratings & Info

Description

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.

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The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2024 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2024-04-25T07:52:08.943.
www.housestraversecity.com/homes/144908913
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1867 Cass Hartman Court Traverse City, MI 49685

  • Price: $4,194,000
  • Status: Active
  • On Site: 175 Days
  • Updated: 134 min ago
  • MLS #: 1917267
0
Beds
0
Baths
0
½ Baths
2.9
Acres
64,518
SQFT
$65
$/SQFT
1977
Built
Neighborhood:
N/A
County:
Grand Traverse
Area:
Grand Traverse
Property Description
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.
Exterior Features

Construction Steel Exterior Features Steel Foundation Poured Concrete Lot Dimensions irregular Parking PavedParking Lot Road Public Maintained Roof Metal/Steel

Interior Features

Heating Cooling Type Forced AirWallCentral AirOtherSpace Heater

Property Features

Business Incl No Business Name SMI building Deeded Waterfront No Documents On File None Eco Features No Extras Overhead Door(s)Loading Dock(s)3-Phase ElectricSprinkler SystemMezzanineAir Compressor22ft Ceiling Height Heating Cooling Source Natural Gas Included In Lease None Inventory Incl No Licenses None Listing Agreement Type Exclusive Right to Sell Location Freestanding Possession Subject to Tenants Rights Present Use Manufacture/Warehouse Real Estate Incl Yes Sale Or Lease For Sale Sale Rent For Sale Section Number 27 Sewer Municipal Terms Commercial LoanCash1031 Exchange Township Garfield Type Industrial Type Of Ownership Private Owner Univs Design Barrier Free Main Floor Access Vacant Land No Water Municipal Water Year Remodeled 2013 Zoning IndustrialCommercialManufacture/Warehouse

Listing information © 2024 Northern Great Lakes REALTORS© MLS.
Listing provided courtesy of Coldwell Banker Schmidt-522: 231-929-2300.



The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2024 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2024-04-25T07:52:08.943.
 
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Team Dakoske | RE/MAX Bayshore
500 S. Union
Traverse City MI, 49684