274 N US-31 S, Traverse City MI 4968
Traverse City MI 49685
274 N US-31 S, Traverse City MI 4968
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$1,985,000
Description
Traverse City - MLS# 1918655
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.
Details
- Type : Retail
- Acres : 2.90
- Township : Garfield
- Lake/River :
- County : Grand Traverse
- Zoning : Commercial
- Lot Size : 414 X 305
- Basement :
- Construction :
Listing Provided Courtesy of David Frost - Three West, LLC
Map
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