$2,175,000
274 N US-31 S Traverse City, MI 49685
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$2,175,000
Est. payment /mo
8,250 SqFt
Active
274 N US-31 S Traverse City, MI 49685
UPDATED:
08/02/2024 11:02 AM
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 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 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.
Location
State MI
County Grand Traverse
Area Garfield Twp (28005)
Zoning Commercial
Interior
Heating Forced Air, Space Heater
Exterior
Garage 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
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Three West, LLC
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