274 N US-31 S Traverse City, MI 49685
Manufacture/Warehouse,Retail Store,Service - Traverse City, MI
Property size:
8,250 SFLot size:
2.90 AcresPrice / SF:
$240/SF- Added:
- Jan 12, 2024
- Days on Market:
- 839
- Last Refresh:
- Apr 30 at 12:06 pm
Property Features for 274 N US-31 S
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Commercial
- Rooms
- Basement
- Basement Y/N
- 1
- Standard status
- Active
- Size
- 8,250 SF
- Lot size
- 2.90 Acres
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1983
- Roof type
- Asphalt
- Architectural style
- Other
Listing agent David Frost (231) 929-2955
Listing office Three West, LLC 1131 E. Eighth Street, Traverse City, MI (231) 929-2955
Listing date Jan 12, 2024
MLS# 1918655
Listing URL
Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
Traverse City Retail/Warehouse Opportunity
This highly visible property is situated on a 2.89-acre parcel with 414 feet of frontage on US 31 South and 304 feet on Sundowner Drive. The property includes a 8,250 square foot building, with 7,104 square feet on the main level and an additional 1,146 square feet on the second level. The building features an open retail layout, remodeled interiors, and mezzanine offices overlooking the sales floor. The rear of the building includes four 14’ x 14’ overhead doors and a 16’ ceiling height. The property offers ample parking and space for outside display. Located on US 31 South, the site benefits from a high traffic count of 25,600 cars per day in 2023. The property is currently leased to two tenants, generating an annual rental income of $158,244 NNN. One tenant is departing, and the other can be relocated, making the property suitable for a new tenant or owner-occupied use. The property is zoned commercial and is located in Traverse City, MI.
Location Intelligence
Current Use by Public Records
Storefront properties
Location Insight
- Map
- Local Demand
- City
- Traverse City
- County
- Grand Traverse
- State
- Michigan
- Longitude
- -85.6206
- Latitude
- 44.7632
Nearby Similar for Sale
FAQs
What type of property is this?
Storefront property - Highly visible retail/warehouse on 2.89 acres with high traffic count.
Where is this storefront property located?
The property is located at 274 N US-31 S Traverse City, MI.
What is the asking price?
The asking price for this property is $1,985,000.
What are key features of this property?
This property features: High visibility location with 414 feet of frontage on US 31 South and 25,600 cars per day.; Significant income potential with current lease at $158,244 annually (NNN).; Large, versatile 8,250 Sq Ft building.
