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Listing provided courtesy of Coldwell Banker Schmidt Traverse CityMLS# 1943241MLS ProviderContact Information: 231-922-2350
  • 96 days on site
  • 0 views

100% leased industrial/warehouse building with 5 tenants. Well located building near the corner of S. Airport and Cass Street. Offered at an 8.5% 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.

Source: Northern Great Lakes MLS, MLS#: 1943241

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  • Property Type
    Commercial Sale
  • Lot
    3.46 acres

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Donald Fedrigon

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 2325 Sybrandt Road

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/15/2026Source: Great Lakes Repository Added to Database
June 15, 2026
5/27/2026Source: Great Lakes Repository Status Change
Accepting Backup Offers
5/11/2026Source: Great Lakes Repository Price Reduction
$3,950,000 -8.1%
3/26/2026Source: Great Lakes Repository Added to Database
March 26, 2026
3/7/2025Source: Great Lakes Repository Price Increase
$9,264 185,180.0%
3/7/2025Source: Great Lakes Repository Status Change
Closed