Address
274 N Us-31 S, Traverse City, MI
Price
$ 2,175,000
Property Attributes
- MLS#1918655
- TypeCommercial
- CountyGRAND TRAVERSE
- CityTraverse City
- AreaGrand Traverse
- NeighborhoodGarfield
- Zip49685
- StyleRetail/Commercial
- Price$ 2,175,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage8250
- Lot Size2.9 Acres
Data Source:
Northern Great Lakes REALTORS® MLS (NGLRMLS)
Property Description
Highly visible, 2.89 acre Parcel with 414 feet of frontage on US 31 South and 304 feet on Sundowner Drive. Large open retail building with great visibility and easy ingress/egress on US-31. The building is 7,104 Sq Ft with additional 1,146 Sq Ft on second level for a total of 8,250 Sq Ft. Four 14â X14â overhead doors in rear of building. 16â ceiling height. Mezzanine offices overlook sales floor. Nicely remodeled. Plenty of parking with tremendous space for outside display. US 31 South had 24,758 cars per day in 2022. Currently leased to two tenants with an annual rental income of $158,244 NNN. One Tenant is leaving and the other can be moved. Ready for a new tenant or owner occupied use.
| Price History | |
|---|---|
| 1/12/2024 | Listed $2,175,000 |
General Features
| Roof | Asphalt |
|---|---|
| Zoning | Commercial |
| Sewer | Private Septic |
| Construction | Frame |
Interior Features
| Basement | Slab |
|---|
Exterior Features
| Exterior Features | Steel |
|---|
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 49685
Price
Visits
Year Built
Northern Great Lakes REALTORS® MLS All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
