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274 N Us-31 S

Traverse City, MI 49685
  • $2,175,000
  • STATUS: Active
  • ON SITE: 103 Days
  • MLS #: 1918655
UPDATED: 195 min ago
$2,175,000
  • 0
    BEDS
  • 2.9
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,250
    SQFT
  • $264
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1983
County:

School Ratings & Info

Description

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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The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2024 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2024-04-24T23:52:00.573.
www.housestraversecity.com/homes/146609578
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274 N Us-31 S Traverse City, MI 49685

  • Price: $2,175,000
  • Status: Active
  • On Site: 103 Days
  • Updated: 195 min ago
  • MLS #: 1918655
0
Beds
0
Baths
0
½ Baths
2.9
Acres
8,250
SQFT
$264
$/SQFT
1983
Built
Neighborhood:
None
County:
Grand Traverse
Area:
Grand Traverse
Property Description
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.
Exterior Features

Construction Frame Exterior Features Steel Foundation Slab Lot Dimensions 414 X 305 Parking Parking Lot Road Public Maintained Roof Asphalt

Interior Features

Heating Cooling Type Forced AirSpace HeaterDuctless A/C

Property Features

Business Incl No Business Name None Deeded Waterfront No Documents On File None Eco Features No Extras Overhead Door(s)16ft Ceiling Height Heating Cooling Source Natural Gas Included In Lease None Inventory Incl No Licenses None Listing Agreement Type Exclusive Right to Sell Location Corner LotFreestanding Possession At ClosingSubject to Tenants Rights Present Use Manufacture/WarehouseRetail StoreService Sale Or Lease For Sale Sale Rent For Sale Section Number 33 Sewer Private Septic Terms Conventional MortgageCommercial LoanCash Township Garfield Type Retail/Commercial Type Of Ownership Private Owner Univs Design Barrier Free No Steps Entry Vacant Land No Water Private Well Zoning Commercial

Listing information © 2024 Northern Great Lakes REALTORS© MLS.
Listing provided courtesy of Three West, LLC: 231-929-2955.



The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2024 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2024-04-24T23:52:00.573.
 
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Team Dakoske | RE/MAX Bayshore
500 S. Union
Traverse City MI, 49684