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 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.

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Basic Features:

Listing # 1918655
City: Traverse City
State: MI
Zip: 49685
Area: Grand Traverse
Neighborhood:
Acres: 2.9
Square Ft: 8250

Additional Features:

Basement: Slab	Location: Corner Lot,Freestanding
Business Included: No	Lot:
Business Name: None	Miscellaneous:
Construction: Frame	Documents:
Zoning: Commercial	Possession: At Closing,Subject to Tenants Rights
Deeded Water: No	Property Status: Active
Dimensions: 414 X 305	Real Estate Included:
Directions: Northeast corner of US 31 S and Sundowner Dr.	Remodeled:
Days On Market: 105	Road Frontage: Public Maintained
Days On MLS: 105	Roofing: Asphalt
ECO Features: No	For Sale Or Lease: For Sale
Extras: Overhead Door(s),16ft Ceiling Height	For Sale Or Rent: For Sale
Financing:	Special Assessment:
Floor Type:	Township: Garfield
Heating/Cooling: Natural Gas	Vacant: No
Heating/Cooling Type: Forced Air,Space Heater,Ductless A/C	Water:
Inventory Included: No	Year Built: 1983
Licenses: None

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