16
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$2,175,000
Est. payment /mo
8,250 SqFt
Active
274 N US-31 S Traverse City, MI 49685
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UPDATED:
02/19/2025 09:47 PM
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 8,250 sqft
Price per Sqft $263
Municipality Garfield Twp
Subdivision Garfield Twp
MLS Listing ID 80014026
Originating Board MiRealSource
Year Built 1983
Lot Size 2.900 Acres
Acres 2.9
Property Sub-Type 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 County
Zoning Commercial
Interior
Heating Forced Air
Exterior
View Y/N No
Listed by Three West, LLC