Property Listings

Price: $2,175,000.00
Square Ft.: 8250
Price/SQFT: $263.64

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.

View Photos

Basic Features:

MLS ID: 1918655
City: Traverse City
State: MI
ZIP: 49685
Area: Grand Traverse
Acres: 2.9
Square Feet: 8250

Additional Features:

Basement:	Location: Corner Lot,Freestanding
Business Included: Manufacture/Warehouse,Retail,Professional Service	Lot:
Business Name: None	Property Status: Active
Construction: Frame,Steel	Documents: None
Zoning: Commercial	Possession: Close Of Escrow,Subject To Tenant Rights
Dimensions: 414 X 305	For Sale Or Lease: Commercial Sale
Directions: Northeast corner of US 31 S and Sundowner Dr.	Road Frontage:
Days On Market: 404	Roofing: Asphalt
Days On MLS: 404	Township: Garfield
Financing:	Water: Private
Floor Type:	Licenses: None
Heating: Forced Air,Space Heater,Natural Gas	Year Built: 1983
Cooling: Ductless