Leased Investment Property

For Sale

2325 Sybrandt Road, Traverse City, MI 49684

This Traverse City property for sale is located at 2325 Sybrandt Road. The current listed sale price for Leased Investment Property is $4,300,000. Leased Investment Property is situated on a lot that is 3.46 acre in size.

Contacts

Dan Stiebel

Schmidt Realtors

Property Details

  • Property Type Industrial - Warehouse/Distribution
  • Property Size 58,263 SF
  • Lot Size 3.46 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1953
  • Year Renovated 2008
  • Date Updated Apr 13, 2026
  • Dock High Doors 3
  • Grade Level Doors 4
  • Office Area 4,700 SF
  • Electricity Service 800 / 480V / 3 Phase
  • Fire Sprinklers Other
  • HVAC None
Located in an industrial area just off of a main throughfare of S. Airport and Cass St in Traverse City, MI.100% leased industrial/warehouse building with 5 tenants. Well located building near the corner of S. Airport and Cass Street. Offered at an 7.8% Cap rate with upside potential in the lease rates. Owner would vacate their unit, freeing up 15,000 SF, if buyer wanted to use part of the building. Sale includes 2 parcels totaling 3.4 acres.
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Highlights

  • 100% leased industrial/warehouse building with 5 tenants
  • Offered at an 7.8% Cap rate with upside potential in the lease rates.
  • Owner would vacate their unit, freeing up 15,000 SF, if buyer wanted to use part of the building
  • Sale includes 2 parcels totaling 3.4 acres

Getting around

  • 41/100

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  • 53/100

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Location

  • City Traverse City, MI
  • Zip Code 49684

Points of Interest

  • Circle K

    0.18 miles

  • Blarney Castle Fleet Fuel

    0.45 miles

  • Shell

    0.86 miles

  • Pacific Pride

    0.88 miles

  • Meijer

    1.15 miles

  • Speedway

    1.19 miles

  • Mobil

    1.20 miles

  • Traverse City Supercharger

    1.26 miles

  • Mutual Service Station

    1.31 miles

  • Blink

    1.67 miles

  • Wash-n-Go

    1.29 miles

  • Xtreme Clean Auto Wash

    1.34 miles

  • Shell

    2.74 miles

  • 1st Choice Car Wash

    2.89 miles

  • Green Mitt

    4.13 miles

  • Wash-N-Go

    4.46 miles

  • McDonald's

    0.12 miles

  • Fuji Sushi Steak House

    0.77 miles

  • Opa! Grill and Taproom

    0.79 miles

  • Chili's

    0.87 miles

  • B.C. Pizza

    0.87 miles

  • Sparky's Diner

    0.87 miles

  • Taco Bell

    0.89 miles

  • Hunan

    0.92 miles

  • Burger King

    0.96 miles

  • Arby's

    0.97 miles

Contact Listing Broker
Dan Stiebel

Schmidt Realtors

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