Traverse City, MI 49684,2751 N US-31 S
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Traverse City, MI 49684,2751 N US-31 S
Traverse City, MI 49684,2751 N US-31 S
Traverse City, MI 49684,2751 N US-31 S
Traverse City, MI 49684,2751 N US-31 S
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Listed by David G Cutler • Twin Bay Properties, LLC
$ 2,200,000
Est. payment /mo
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2751 N US-31 S Traverse City, MI 49684

13,550 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Retail/Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 13,550 sqft

Price per Sqft $162

Subdivision Mi

MLS Listing ID 1933364

Year Built 1954

Lot Size 1.280 Acres

Acres 1.28

Lot Dimensions 187X298

Property Sub-Type Retail/Commercial

Property Description

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.

Location

State MI

County Grand Traverse

Zoning Commercial

Rooms

Basement Slab

Interior

Heating Forced Air, Central Air, Other

Cooling Forced Air, Central Air, Other

Exterior

Exterior Feature Stucco/Drivit

Roof Type Membrane

Present Use Automotive Service,Restaurant/Food Service,Medical/Dental,Office Building,Retail Store,Wholesale,Service,Religious,Other,Convenience Store

Road Frontage Public Maintained, Blacktop

Building

Sewer Municipal

Water Municipal Water

Others

Tax ID 28-05-021-027-00

Ownership Private Owner

Acceptable Financing Conventional Mortgage, Commercial Loan, Cash, 1031 Exchange

Listing Terms Conventional Mortgage, Commercial Loan, Cash, 1031 Exchange


agent

Tricia Boerma

Broker

+1(989) 560-5779

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2751 N US-31 S