$3,950,000

2325 Sybrandt Road, Traverse City MI, 49684

Price per sqft$66.99

Built in1953

Property size58,960 sqft

Property typeCommercial

Listed by Daniel Stiebel with Coldwell Banker Schmidt Traverse City Listing Contact: 231-633-0432

Overview

Active

Active U/c Taking Backups

Listed Mar 26, 2026

Updated 3 weeks ago

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.

Additional information

MLS^® ID: 1943241

Interior Features

Bathrooms: 2
Heating: Yes
Basement: No

Exterior Features

Lot Size: 3.46 Acres

Other Property Details

Association Fee Frequency: Yearly

Listed by Daniel Stiebel with Coldwell Banker Schmidt Traverse City
Listing Contact: 231-633-0432

The IDX display contains information sourced from the Northern Great Lakes REALTORS® MLS as of 8/24/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 8/24/2026 at 9:19 PM UTC