274 N US-31 S Active

Garfield Twp,MI 49685

$ 2175000

0 Bed

- Bath

8250 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 8,250 sqft

Price per Sqft $263

MLS Listing ID 78080014026

Originating Board Aspire North REALTORS®

Year Built 1983

Lot Size 2.900 Acres

Acres 2.9

Lot Dimensions 414 X 305

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.

Location

State MI

County Grand Traverse

Area Garfield Twp

Zoning Commercial

Interior

Heating Forced Air,Space Heater

Heat Source Natural Gas

Exterior

Waterfront no

Roof Type Asphalt

Accessibility Disabled Access

Building

Foundation Slab

Sewer Septic Tank (Existing)

Water Well (Existing)

Structure Type Frame

Schools

School District Traverse City

Others

Tax ID 280503301022

Ownership Private Owned

Acceptable Financing Cash,Conventional,Other

Listing Terms Cash,Conventional,Other

Financing Cash,Conventional,Other

Special Listing Condition Unknown/Data Share Listings

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