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1323 S Cass Street 1323 Cass St 1 792 pi² Bureau Immeuble Traverse City, MI 49684 1 381 994 $ CAD (771,20 $ CAD/pi²) 7,65% Taux de capitalisation
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Faits saillants de l'investissement
- Two-level building with turnkey professional office on main floor and renovated residential apartment above.
- ADA-compliant main floor configured for healthcare or professional office uses.
- Buildable second lot with potential for additional dwellings or duplex development.
- Upper-level studio includes luxury finishes, in-floor heating, and custom storage throughout.
- Outdoor deck overlooks Boardman Lake with adjacent fenced flex-space for client or personal use.
- High-visibility positioning near downtown, the TART Trail system, and local breweries and retail.
Résumé de l'annonce
A rare Live/Work opportunity just outside of downtown Traverse City. This 1,792 sq ft building sits on a 165-foot Cass Street frontage and offers a turnkey professional office on the main level with a fully renovated studio apartment above, completely gut-renovated in 2018 down to the framing, with new electrical, plumbing, flooring, and a second level added.
The main floor (896 sq ft) is ADA compliant and configured for professional use currently operating as a chiropractic office with three treatment/private rooms, a half bath, and a reception area with a built-in wooden desk. Similar professional uses such as medical, dental, legal, wellness are permitted under the property's grandfathered commercial status. Prospective buyers should verify permitted use with the City of Traverse City prior to closing.
The building is fully sprinklered with a fire alarm system, features a metal roof and metal siding, natural gas, an outdoor irrigation system, a digital outdoor sign, and an outdoor deck with Boardman Lake views. A fenced outdoor area currently used as a fire pit space offers additional flexibility usable as a dog pen, lounge area, or client outdoor space.
The second lot, currently a 16-space parking lot, is buildable. A second dwelling is permitted, and there is potential for two duplexes, representing meaningful upside for the right buyer.
Upstairs, an 896 sq ft studio apartment with high-end finishes is fully furnished and move-in or rental ready. The bathroom features marble tile, a custom shower, and in-floor radiant heat. The kitchen is fully equipped. A large custom walk-in closet with built-in storage adds practical luxury. A PVC block wall creates a defined, private sleeping area separate from the main living space. Washer and dryer included.
The property sits within easy reach of the Boardman Lake Loop Trail, next to Right Brain Brewery and the TART Trail network, a genuine amenity for any owner-occupant or tenant.
The main floor (896 sq ft) is ADA compliant and configured for professional use currently operating as a chiropractic office with three treatment/private rooms, a half bath, and a reception area with a built-in wooden desk. Similar professional uses such as medical, dental, legal, wellness are permitted under the property's grandfathered commercial status. Prospective buyers should verify permitted use with the City of Traverse City prior to closing.
The building is fully sprinklered with a fire alarm system, features a metal roof and metal siding, natural gas, an outdoor irrigation system, a digital outdoor sign, and an outdoor deck with Boardman Lake views. A fenced outdoor area currently used as a fire pit space offers additional flexibility usable as a dog pen, lounge area, or client outdoor space.
The second lot, currently a 16-space parking lot, is buildable. A second dwelling is permitted, and there is potential for two duplexes, representing meaningful upside for the right buyer.
Upstairs, an 896 sq ft studio apartment with high-end finishes is fully furnished and move-in or rental ready. The bathroom features marble tile, a custom shower, and in-floor radiant heat. The kitchen is fully equipped. A large custom walk-in closet with built-in storage adds practical luxury. A PVC block wall creates a defined, private sleeping area separate from the main living space. Washer and dryer included.
The property sits within easy reach of the Boardman Lake Loop Trail, next to Right Brain Brewery and the TART Trail network, a genuine amenity for any owner-occupant or tenant.
Faits sur la propriété
Type de vente
Investissement ou propriétaire utilisateur
Type de propriété
Bureau
Sous-type de propriété
Taille du bâtiment
1 792 pi²
Classe d’immeuble
C
Année de construction/rénovation
1978/2018
Prix
1 381 994 $ CAD
Prix par pi²
771,20 $ CAD
Taux de capitalisation
7,65%
Revenu net d’exploitation
105 776 $ CAD
Location
Unique
Hauteur du bâtiment
2 étages
Superficie de plancher typique
896 pi²
Coefficient d’occupation des sols de l’immeuble
0,14
Taille du lot
0,29 AC
Zonage
R1B - R1B with special use permit
Stationnement
25 places (13,95 places par 1 000 pi² loué)
1 1
Assez accessible à pied
50/100
Exceptionnellement adapté aux voitures
100/100
Transports en commun limités
30/100
Très accessible en vélo
80/100
Impôts fonciers
| Numéro de lot | 51-878-066-00 | Évaluation des bâtiments | 0 $ CAD |
| Évaluation du terrain | 0 $ CAD | Évaluation totale | 352 467 $ CAD |
Impôts fonciers
Numéro de lot
51-878-066-00
Évaluation du terrain
0 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
352 467 $ CAD
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Présenté par
REMAX Bayshore - Union St TC
1323 S Cass Street | 1323 Cass St
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