$2,175,000
Active
36 Days Online
0 Beds0 Baths8,250 SQFT
Active

274 N Us-31 S Traverse City, MI 49685

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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.

  • Property TypeCommercial
  • NeighborhoodN/A
  • CountyN/A
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site36 Days
  • MLS StatusActive
  • MLS ID Number1918655
  • Home Size Source N/A
  • Year BuiltN/A
  • Lot Size2.9 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Frame
  • Building Features Overhead Door(s)16ft Ceiling Height
  • Parking Parking Lot
  • Sewer Septic Tank
  • Basement Slab
  • Acreage 2.9
  • Water Well
  • Property Sub Type Retail
  • Foundation Slab
  • Zoning Commercial

Interior Features

  • Cooling Ductless A/ C
  • Heating Natural GasForced AirSpace Heater

Exterior Features

  • Roof Asphalt
  • Lot Corner LotFreestanding

Community Features

  • Township Garfield
  • MLS Area Grand Traverse
  • Building Features Overhead Door(s)16ft Ceiling Height

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Monthly Payment (Est.)

$10,522
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