Improved Commercial Land for Sale in Traverse City, Michigan
274 N US-31 S Traverse City, MI 49685
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Map
Street
$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
- County
- Grand Traverse County
- Zoning
- Commercial
- Elevation
- 906 feet
- MLS Number
- TAAR 1918655
- Date Posted
Parcels
- 05-033-010-22
Detailed attributes
Listing
- Type
- Commercial Sale
Structure
- Roof
- Asphalt
- Heating
- Forced Air
Interior
- Rooms
- Basement
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Jan 12, 2024 | New listing | $2,175,000 | — | TAAR |
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