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24122257
24122259

274 US-31, Traverse City, MI 49685

Three West LLC
Listed by Three West LLC
$1,985,000
878 days on market
Updated 28 days ago

274 US 31, Traverse City, Michigan

Details
APN 05-033-010-22
Property Type Retail
Sub Type Storefront
Square Footage 8,250
Price per SqFt $241
Broker Co-Op Yes
Year Built 1983
Acreage 2.900
Zoning Commercial
Ownership Private Owner

Retail | 8,250 SqFt

Marketing 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.

Investment highlights

High Visibility

414 ft US 31 Frontage

16 ft Ceilings

4-14’ X14' overhead doors

Listing Contacts

Three West LLC
Listed by Three West LLC

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