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    3566 N Us-31 S Traverse City, MI 49684

    For Sale
    $1,750,000

    None - Traverse City, MI

    Property size:
    13,515 SF
    Lot size:
    1.98 Acres
    Days on Market:
    436
    Last Refresh:
    Dec 6 at 7:06 am

    Property Features for 3566 N Us-31 S

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Other
    Size
    13,515 SF
    Lot size
    1.98 Acres

    Building Details

    Year built
    2001
    Roof type
    None
    Architectural style
    Other

    G.A. Snowden Associates (231) 632-6007 [email protected]

    Listing agent Gerald Snowden (231) 632-6007

    Listing date Sep 27, 2024

    MLS# 1867624 Listing URL

    Copyright © 2025 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

    Auto Dealership Building For Sale

    This 13,515 square foot auto dealership building, constructed in 2001, features a retail showroom, private offices, two restrooms, a conference room, and a lounge. The central area of the building includes a storage and parts section, seven service bays, and a three-bay oil change area. The building has a height of 18 feet and also incorporates a 1,350 square foot basement and a 1,500 square foot mezzanine, along with custom cabinetry and a fireplace. Situated within the CH Commercial District and located within an Opportunity Zone, the 1.98-acre property offers potential tax credits. It presents an excellent retail opportunity, positioned directly in front of hotels. The property is suitable for sale or build to suit, and is offered for sale or lease.
    Location Intelligence

    Current Use by Public Records

    Auto shops

    Map

    City
    Traverse City
    County
    Grand Traverse
    State
    Michigan
    Longitude
    -85.642939
    Latitude
    44.738211

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    FAQs

    What type of property is this?
    Auto shop - 13,515 SF auto dealership with retail and service bays.
    Where is this auto shop located?
    The property is located at 3566 N Us-31 S Traverse City, MI.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: - Large 13,515 sq ft auto dealership building with retail showroom, offices, service bays, and storage.; - Prime retail location directly in front of two hotels.; - Features 7 service bays plus a 3-bay oil change area.
    (231) 632-6007
    Request Owner's contact information
    3566 N Us-31 S Traverse City, MI 49684
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    Traverse City, MI 49684
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3566 N Us-31 S Traverse City, MI 49684
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