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2325 Sybrandt Road

Traverse City, MI 49684
  • $4,300,000
  • STATUS: Active
  • ON SITE: 26 Days
  • MLS #: 1943241
UPDATED: 34 min ago
$4,300,000
  • 0
    BEDS
  • 3.46
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 58,960
    SQFT
  • $73
    $/SQFT
Neighborhood:
N/A
Type:
Commercial
Built:
1953
County:

School Ratings & Info

Description

100% leased industrial/warehouse building with 5 tenants. Well located building near the corner of S. Airport and Cass Street. Offered at an 7.8% Cap rate with upside potential in the lease rates. Owner would vacate their unit, freeing up 15,000 - 24,000 SF, if buyer wanted to use part of the building. Sale includes 2 parcels totaling 3.4 acres.

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The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2026 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2026-04-22T12:51:52.11.
www.housestraversecity.com/homes/174480309
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2325 Sybrandt Road Traverse City, MI 49684

  • Price: $4,300,000
  • Status: Active
  • On Site: 26 Days
  • Updated: 34 min ago
  • MLS #: 1943241
0
Beds
0
Baths
0
½ Baths
3.46
Acres
58,960
SQFT
$73
$/SQFT
1953
Built
Neighborhood:
N/A
County:
Grand Traverse
Area:
Grand Traverse
Property Description
100% leased industrial/warehouse building with 5 tenants. Well located building near the corner of S. Airport and Cass Street. Offered at an 7.8% Cap rate with upside potential in the lease rates. Owner would vacate their unit, freeing up 15,000 - 24,000 SF, if buyer wanted to use part of the building. Sale includes 2 parcels totaling 3.4 acres.
Exterior Features

Construction Materials Block Door Features Overhead Door(s) Foundation Details Slab Garage YN No Roof Membrane

Interior Features

Above Grade Finished Area Units Square Feet Accessibility Features Main Floor Access Below Grade Finished Area Units Square Feet Heating Forced AirSpace HeaterNatural Gas Heating YN Yes

Property Features

Association Fee Frequency Annually Building Features Loading Dock(s)16ft Ceiling Height18ft Ceiling Height Business Incl No Business Type Manufacture/WarehouseWholesaleProfessional Service Deeded Waterfront No ECOFeatures No Inventory Incl No Lease Amount Frequency Annually Lease Considered YN No Lease Renewal Option YN No Listing Terms Commercial LoanCash1031 Exchange Lot Features Industrial ParkFreestanding New Construction YN No Occupied Yes Open Parking YN Yes Other Parking PavedParking Lot Ownership Type Private Owner Parking Features PavedParking Lot Possession NegotiableSubject To Tenant Rights Property Sub Type Industrial Real Estate Incl Yes Rent Includes Other Road Responsibility Public Maintained Road Road Surface Type Asphalt Security Features Fire Sprinkler System Sewer Public Sewer Special Licenses None Tax Assessed Value 1151623 Tax Legal Description partial from tax record: LOTS 7 8 & 9 EXC N 210' LOT 9 SMITHFIELD Water Source Public Waterfront YN No Year Built Effective 2008 Year Updated 2008 Zoning Description IndustrialManufacture/Warehouse

Listing information © 2026 Northern Great Lakes REALTORS© MLS.
Listing provided courtesy of Coldwell Banker Schmidt Traverse City: 231-922-2350.



The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2026 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2026-04-22T12:51:52.11.
 
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Team Dakoske | RE/MAX Bayshore
500 S. Union
Traverse City MI, 49684