3520 Rennie School Road
$1,350,000
3520 Rennie School Road Traverse City, MI 49685
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About this listing
Corner of Rennie School Rd and Elmer's Asphalt Dr.
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.
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Building Size
12,000 sqft
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Lot Area
1.72 acres
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Year Built
1995
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MLS ID
1921395
DESCRIPTION
- • Heating Fuel Type: Gas
- • Heating Type: Forced Air
- • Road Type: City / Town Street
- • Roof: Asphalt Shingle Roof
- • Water: Well
Dan Stiebel
CCIM
License #: 6506040160
Coldwell Banker Commercial Schmidt Realtors
Traverse City, MI US
