$1,495,000

981 N Us-31 S

Traverse City MI, 49685

Description

PRIME COMMERCIAL LOCATION IN TRAVERSE CITY! With 818 feet of road frontage on high traffic US 31 in a growing area of Traverse City offers a highly convenient and visible location. On one end of the property there is a self storage business with 72 rental units in two buildings, fenced & lighted, with plenty of room to expand. There are various sizes of rental units and currently are at 100 percent occupancy. The 7.2 acre setting allows of room to expand the mini storage or start a new commercial endeavor. If you have been thinking about starting your own business or investing in the highly desirable Grand Traverse area-this is the place to be! One mile south of Grand Traverse Mall.

Details

MLS#1826787
StyleRetail
Sub-TypeResale
StatusActive
Year1990
Days On Site381

Features

SQ Feet7,800
Story(s)1
ZoningIndustrial,Retail

Market Activity 49685

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Area Information

StateMI
CountyGrand Traverse
CityTraverse City
Zip Code49685
AreaGrand Traverse
Listing VS Median (in 49685)
Price:
$1,495,000
low | high
Med:
$199,900
100% of Average
SqFt:
7,800
low | high
Med:
1,008
100% of Average
$ / SqFt:
$192
low | high
Med:
$198
46.532091097309% of Average
On Site:
381
low | high
Med:
9
100% of Average
Listing Updated: 10/18/2019
MLS Number: 1826787
Listing Provided By:
Fedrigon 1495000  of  RE MAX Of Elk Rapids
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Northern Great Lake Realtors® MLS.