309 Cass Street, Unit 1

309 Cass Street, Unit 1 Traverse City, MI 49684

309 Cass Street, Unit 1, Traverse City, MI, 49684
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FOR SALE
Property Type:
Multi Tenant Office
Amount:
$629,000
Last Verified:
Nov 11, 2024

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Highlights

  • Fully Leased Investment
  • Contemporary Finishes
  • Downtown Location
  • River Views
  • Natural Light

Description

Conveniently located 2 blocks from Front St on the banks of the Boardman River, a prime commercial property offering a 2,244 SF building, thoughtfully renovated in 2024 with contemporary finishes, ideal for discerning investors seeking a fully leased investment. This property in the Traverse City area presents a rare opportunity to secure a thriving investment that embodies modern convenience and enduring appeal.

East side of Cass St across from Firefly restaurant.


Year Built: 2012
Building Size: 2244sq ft
Building Class: A
Lot Size: 0 acres


Documents

Sale Brochure

Map of 309 Cass Street, Unit 1, Traverse City, MI, 49684

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.