Remarks

An outstanding opportunity to own a highly visible, income-producing commercial property on one of Traverse City’s busiest corridors. This multi-tenant building sits directly on South US-31, offering excellent exposure, high traffic counts, and convenient access for customers and tenants alike. The building is currently configured into four separate units. Two units are tenant-occupied and generating rental income, while the remaining two are vacant and ready for immediate use. This setup makes the property ideal for an investor looking for immediate cash flow with additional leasing upside, or for an owner-occupant who can take advantage of the vacant space while earning income from the rented units. The property features ample on-site parking, prominent signage opportunities, and a flexible layout that accommodates a range of uses, including office, retail, or service-based businesses. Located just minutes from downtown Traverse City in a well-established commercial area, this is a rare chance to acquire a versatile and revenue-generating asset in one of Northern Michigan’s most active and desirable business corridors.

Details

MLS#: 1933364
Price: $2,200,000

Style: Automotive Service,Restaurant/Food Service,Medical/Dental,Office Building,Retail Store,Wholesale,Service,Religious,Other,Convenience Store
Baths Full: 7
Sq Ft: 13550
Year Built: 1954

County: Grand Traverse
Lot Size: 1.28