Improved Commercial Land for Sale in Traverse City, Michigan

274 N US-31 S Traverse City, MI 49685

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$2,175,000
2.9 acres
Active sale agoEst $10,884/mo

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.

8,250
Sq feet
1983
Built

Directions

Northeast corner of US 31 S and Sundowner Dr.

Property details

Coordinates
44.6904, -85.6556
Zoning
Commercial
Elevation
906 feet
MLS Number
TAAR 1918655
Date Posted

Parcels

  • 05-033-010-22

This 2.9-acre property is located at 274 N US-31 S in Traverse City, MI 49685 with latitude 44.6904 and longitude -85.6556. The property is currently available for sale for $2,175,000. It has a 8,250 sq ft structure built in 1983. Listing data is sourced from Northern Great Lakes Realtors MLS # 1918655.

Verify sale details at the property source or contact Three West at (231) 929-2955.

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Copyright (C) 2024 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 1 hour ago. Parcel data by Regrid.

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