$1,350,000
Active
44 Days Online
0 Beds0 Baths12,000 SQFT
Active

3520 Rennie School Road Traverse City, MI 49685

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Fully leased Investment property with 7.9% cap rate based on projected income. 3 industrial buildings with 300' of frontage on Rennie School Road. 1.7 acre parcel with outdoor storage, good signage and good parking. Building A is 5, 520 SF with 7-8 offices, shop space with loft storage, and 3 overhead doors (two at grade level and one with a truck loading dock). Building B is 3, 280 SF warehouse with a paint booth. Building C is 3, 200 SF insulated warehouse, divided into two sections with 3 overhead doors. All spaces are leased with terms ranging from 1-4 years.

  • Property TypeCommercial
  • NeighborhoodN/A
  • CountyN/A
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site44 Days
  • MLS StatusActive
  • MLS ID Number1921395
  • Home Size Source N/A
  • Year BuiltN/A
  • Lot Size1.72 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Frame
  • Building Features Overhead Door(s)Loading Dock(s)Mezzanine
  • Parking PavedParking Lot
  • Sewer Septic Tank
  • Basement Slab
  • Acreage 1.72
  • Water Well
  • Foundation Slab
  • Zoning Industrial, Office, Commercial, Manufacture/Warehouse

Interior Features

  • Heating Natural GasForced AirSpace Heater

Exterior Features

  • Roof Asphalt
  • Lot Freestanding

Community Features

  • Township Garfield
  • MLS Area Grand Traverse
  • Building Features Overhead Door(s)Loading Dock(s)Mezzanine

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Monthly Payment (Est.)

$6,531
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