305 US-31 S Contingent

Traverse City,MI 49685

$ 520000

- Bed

- Bath

3840 SqFt


Key Details

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Contingent

Purchase Type For Sale

Square Footage 3,840 sqft

Price per Sqft $135

Subdivision Mi

MLS Listing ID 80051663

Year Built 1964

Lot Size 1.150 Acres

Acres 1.15

Lot Dimensions 200 x 293

Property Description

1.15 acre parcel with 200’ US31 frontage and access from both US31 and Foster Dr. Corner lot with room to expand or great redevelopment opportunity. Includes front 1,440 sq ft retail building with two tenants on month-to-month basis plus 2,400 sf pole barn building with overhead door and front retail/office area. Front retail building has new metal roof installed in 2021 and washer/dryer connections. In strong retail area south of Traverse City close to Menards, Family Fare, Tractor Supply and Blain’s. 25,600 vehicles per day average traffic count. Pylon sign on US31 included. C-M zoning allows for a variety of uses including retail, office, services, contractor yard, auto sales/repair, restaurant/drive-thru and multi-family. Currently on well with municipal sewer. Municipal water is available.

Location

State MI

County Grand Traverse

Area Blair Twp (28002)

Zoning Multi-Family,Professional Office,Commercial,Industrial

Interior

Heating Forced Air

Cooling Central A/C

Exterior

Garage Parking Lot

Roof Type Metal

Building

Foundation Slab

Water Private Well

Structure Type Frame,Vinyl Siding

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Commercial Loan,Conventional

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