Traverse City, MI 49685,274 N US-31 S
Traverse City, MI 49685,274 N US-31 S
Traverse City, MI 49685,274 N US-31 S
Traverse City, MI 49685,274 N US-31 S
Traverse City, MI 49685,274 N US-31 S
Traverse City, MI 49685,274 N US-31 S
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$ 2,175,000
Est. payment | /mo

8,250 SqFt


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$ 2,175,000
Est. payment | /mo
Save

8,250 SqFt

Key Details

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 8,250 sqft

Price per Sqft $263

MLS Listing ID 80014026

Year Built 1983

Lot Size 2.900 Acres

Acres 2.9

Lot Dimensions 414 X 305

Property Sub-Type Commercial/Industrial

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 14’ X14’ overhead doors in rear of building. 16’ ceiling height. Mezzanine offices overlook sales floor. Nicely remodeled. Plenty of parking with tremendous space for outside display. US 31 South had 25,600 cars per day in 2023. 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.

Location

State MI

County Grand Traverse

Area Garfield Twp (28005)

Zoning Commercial

Interior

Heating Forced Air, Space Heater

Exterior

Parking Features Parking Lot

Roof Type Asphalt

Building

Foundation Slab

Water Private Well

Structure Type Frame

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Commercial Loan,Conventional

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by Three West, LLC
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davidgodin@hotmail.com

42094 Garfield Rd, Clinton Twp, MI, 48038, USA

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274 N US-31 S