MLS#1943241
STATUSNew
PROPERTY TYPECommercial - Industrial
SUBDIVISIONMI
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 7.9% 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.
Property Features
Property Type: Commercial - Industrial
Basement: Slab
Lot Size: 3.46 Acres
Roof Type: Membrane
Year Built: 1953
Feature Descriptions
Business Included: No
Construction: Block
Days on Site: 1
Exterior: Block
Heating/Cooling: Forced Air, Space Heater
Lot Dimensions: 3.46 Acre(s)
Parking: Paved, Parking Lot
Present Use: Manufacture/Warehouse, Wholesale, Service
Real Estate Included: Yes
Road: Public Maintained, Blacktop
Sewer: Municipal
Water: Municipal Water
Waterfront Type: No
Listed By / Shown By
Listed By
Agency Name: Coldwell Banker Schmidt Traverse City
Agency Phone: 231-922-2350
Shown By
Agency Title: Key Realty
Agency Phone: 877-539-7589
2325 Sybrandt Road | MLS# 1943241
This commercial property located at 2325 Sybrandt Road, Traverse City, MI 49684 is currently listed for sale with an asking price of $4,300,000. Search Traverse City real estate on www.ikeyrealty.com today.