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    9664 Us-31 Interlochen, MI 49643

    Sponsored
    For Sale
    $575,000

    Prime Retail Space, US-31 Frontage, High Visibility

    Property size:
    6,400 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This 6,400 square foot industrial property is situated on a 0.92-acre lot at 9664 US-31 S in Interlochen, MI, a high-traffic area southwest of Traverse City. Boasting a prominent location on US-31 near the intersection with S. Long Lake Rd/M-137, the property benefits from approximately 12,000 vehicles passing daily. A monument sign ensures excellent visibility. The building currently features five storefronts, currently divided into three separate spaces, offering flexibility for a single large tenant or multiple smaller businesses. Convenient amenities include two restrooms and a rear roll-up door ideal for deliveries. The property's Green Lake Township Commercial zoning allows for diverse uses, including retail, office, and cannabis businesses (with licenses available). A beer and wine license (SDM) is available, and a liquor license (SDD) is a possibility. Nearby businesses include Wendy's, Dollar General, Subway, and Tom's Food Market, creating a strong retail synergy. This property presents a unique opportunity for investors and businesses seeking a high-visibility location with significant potential. A lease option is also available (MLS#1922579). The asking price is $575,000.

    Property Features for 9664 Us-31

    General Information

    Property type
    Industrial properties
    Square Feet
    6,400 SF
    Lot Size
    40,075 SF

    Building Details

    Year Built
    2004
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Interlochen
    County
    Grand Traverse
    State
    Michigan
    Longitude
    -85.76933
    Latitude
    44.65929

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    FAQs

    What type of property is this?
    Industrial property - Prime Retail Space, US-31 Frontage, High Visibility
    Where is this industrial property located?
    The property is located at 9664 Us-31 Interlochen, MI.
    What is the asking price?
    The asking price for this property is $575,000.
    (231) 929-2955
    Request Owner's contact information
    9664 Us-31 Interlochen, MI 49643
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    Interlochen, MI 49643
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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
    9664 Us-31 Interlochen, MI 49643
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