3750-3760 US-31 S

Price: $ 2,400,000.00
Square Ft.: 10448
Price/SQFT: $ 229.71

This 4.6- acres on US 31 South and currently includes 2 buildings with tenants and 5 leases storage units. One of the buildings and the storage units are leased on a month to month basis and the other building is leased until 2020. These two properties can be bought separately, together, or could be open to other ownership opportunities. This property is within a designated Opportunity Zone created by the Tax Act of 2017. Opportunity Zone designation allows for deferral of capital gains taxes, reduction of capital gains taxes, or elimination of taxes on future gains within certain parameters.

Basic Features:

Listing # 1848402
City: Traverse City
State: MI
Zip: 49684
Area: Grand Traverse
Acres: 4.59
Square Ft: 10448

Additional Features:
Basement: Slab Location: Freestanding
Business Included: No Lot:
Business Name: na Miscellaneous:
Construction: Block Documents:
Zoning: Office,Retail,Commercial Possession: Subject to Tenants Rights
Deeded Water: No Property Status: Active
Dimensions: Irregular Real Estate Included: Yes
Directions: Located on the east side of N US 31 S, directly across from Meijer. Remodeled:
Days On Market: 307 Road Frontage: Public Maintained
Days On MLS: 307 Roofing: Membrane
ECO Features: No For Sale Or Lease: For Sale
Extras: None For Sale Or Rent: For Sale
Financing: Special Assessment:
Floor Type: Township: Garfield
Heating/Cooling: Natural Gas Vacant: No
Heating/Cooling Type: Forced Air,Central Air Water:
Inventory Included: No Year Built: 1966
Licenses: None  

Listing courtesy of Three West, LLC
1131 E. Eighth Street , Traverse City , MI 49686