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274 N Us-31 S

Traverse City, MI 49685
  • $2,175,000
  • STATUS: Active
  • ON SITE: 241 Days
  • MLS #: 1918655
UPDATED: 54 min ago
$2,175,000
  • 0
    BEDS
  • 2.9
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,250
    SQFT
  • $264
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1983
County:

School Ratings & Info

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.

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[MiRealSource] logo ©2024 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2024-09-09T23:49:24.08.
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274 N Us-31 S Traverse City, MI 49685

  • Price: $2,175,000
  • Status: Active
  • On Site: 241 Days
  • Updated: 54 min ago
  • MLS #: 1918655
0
Beds
0
Baths
0
½ Baths
2.9
Acres
8,250
SQFT
$264
$/SQFT
1983
Built
Neighborhood:
None
County:
Grand Traverse
Area:
Garfield Twp (28005)
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.
Exterior Features

Exterior Construction Frame Foundation Type Slab Location Corner Lot Lot Size 414 X 305 Parking Parking Lot Roofing Asphalt

Interior Features

Basement YN No Commercial Ceiling Height 16-20 Feet Commercial Features ADA AccessibleOverhead Doors Fuel Type Natural Gas Heating System Forced AirSpace Heater

Property Features

Business Name None Business Type ManufacturingRetailService Commercial Type Commercial/Industrial Financial Terms CashCommercial LoanConventional Lease YN No Municipality Garfield Twp Ownership Private SEV 283600 Sev Year 2023 Sewer Septic Septic Water Private Well Zoning Commercial

Listing courtesy of Three West, LLC : 231-929-2955.

Source MLS: MiRealSource
Originating MLS: Aspire North REALTORS

[MiRealSource] logoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


[MiRealSource] logo ©2024 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2024-09-09T23:49:24.08.
 
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The BRAND Real Estate
5400 Gateway Center Ste B
Mundy Twp MI, 48507