$ 3,500,000
-
$3,500,000
Price -
5.46
Acre
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About the Listing 78000000061599 - 78000000450035
Three West Commercial is pleased to present 2364 Traversefield Drive, a 42,000 SF industrial warehouse on 5.40 acres in Traverse City's Traversefield Enterprise Place. The building features a clear-span 350' Ã- 120' floor plate with 28' eaves, and a 2012 renovation added a 2,160 SF finished office suite â€" reception, showroom, private offices, break room â€" with a storage mezzanine above and a dedicated public entry. Loading is handled through a  ±5,000 SF covered dock with two dock-height doors and a grade-level drive-in, and the fully sprinklered building carries heavy power and 125 psf floor loads. The property is leased triple-net through March 2027 at well below market rent, so the asset produces income from day one: an investor gains a built-in runway to re-lease at market with significant yield upside, while an owner-user can collect rent while planning a 2027 occupancy. The site also supports future expansion, with a  ±5,000 SF office addition already contemplated on the site plan.
Listing Highlights
Interior Details
- Appliances:
- Air Cond:
- Heating: Forced Air,Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 47625
- Basement: Slab
- Other: Forced Air
- Water: Public (Municipal)
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 671x474x647x263
- Zoning: Light Industrial
- Roof: Metal
- Others: Block,Steel
- Sewer: Sewer (Sewer-Sanitary)
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 285185201100
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
2364 Traversefield Dr Garfield Twp, MI 49686
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