About 1867 Cass Hartman Court
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.
Features of 1867 Cass Hartman Court
| MLS® # | 1917267 |
|---|---|
| Price | $4,194,000 |
| Bathrooms | 0.00 |
| Square Footage | 64,518 |
| Acres | 2.90 |
| Year Built | 1977 |
| Type | Commercial |
| Sub-Type | Industrial, Commercial Sale |
| Status | Active |
| Association | N/A |
Community Information
| Address | 1867 Cass Hartman Court |
|---|---|
| Subdivision | N/A |
| City | Traverse City |
| County | Grand Traverse |
| State | Michigan |
| Zip Code | 49685 |
Amenities
| Utilities | WATER: Municipal Water SEWER: Municipal |
|---|---|
| Features | Overhead Door(s), Loading Dock(s), 3-Phase Electric, Sprinkler System, Mezzanine, Air Compressor, 22ft Ceiling Height |
| Parking | Paved, Parking Lot |
| Is Waterfront | No |
Interior
| Heating | Natural Gas, Forced Air, Wall, Central Air, Other, Space Heater |
|---|---|
| Has Basement | No |
| Basement | Poured Concrete |
Exterior
| Exterior Features | Steel |
|---|---|
| Lot Description | irregular |
| Roof | Metal/Steel |
| Construction | Steel |
Additional Information
| Date Listed | November 1st, 2023 |
|---|---|
| Days on Market | 182 |
| Zoning | Industrial, Commercial, Manufacture/Warehouse |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Coldwell Banker Schmidt-522 |
|---|