Bought with Richard P Korndorfer • Coldwell Banker Schmidt-402
$975,000
$1,200,000
18.8%For more information regarding the value of a property, please contact us for a free consultation.
862 S Garfield Avenue Traverse City, MI 49686
11,250 SqFt
Key Details
Sold Price $975,000
Property Type Commercial
Sub Type Retail/Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 11,250 sqft
Price per Sqft $86
Subdivision Mi
MLS Listing ID 1873077
Sold Date 09/01/20
Year Built 1977
Lot Size 0.890 Acres
Acres 0.89
Lot Dimensions 132 x 296
Property Sub-Type Retail/Commercial
Property Description
Great location and visibility on high traffic corner lot. 11,250 sq ft. building, currently used as office space, but partial walls and wide open areas would make retail use easy. Excellent access in and out with 2 curb cuts, one on Garfield Ave & one on Centre Street. Convenient parking along side and behind building. Overhead door in back of building with access to small storage/warehouse area. Approximately 30 parking spots plus parking along side street. C-3 zoning allows for many uses. Also listed for lease. Tenant vacating August 30, 2020.
Location
State MI
County Grand Traverse
Zoning Commercial,Multi-Family,Office,Restaurant/Food,Retail
Rooms
Basement Slab
Interior
Heating Central Air, Forced Air
Cooling Central Air, Forced Air
Exterior
Exterior Feature Brick, Stucco/Drivit, Vinyl
Roof Type Membrane
Present Use Medical/Dental,Office Building,Retail Store
Road Frontage Blacktop, Public Maintained
Building
Sewer Municipal
Water Municipal Water
Others
Tax ID 28-51-111-119-00
Ownership Private Owner
Acceptable Financing 1031 Exchange, Cash, Commercial Loan
Listing Terms 1031 Exchange, Cash, Commercial Loan
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