274 N US-31 S, Traverse City, MI 49685

Building Details

Year built

1983

Roof type

Asphalt

Architectural style

Other

Listing agent David Frost Show Phone

Listing office Three West, LLC k***@threewest.com 1131 E. Eighth Street, Traverse City, MI Show Phone

Listing date Jan 12, 2024

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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.

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Overview

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.

Suggested Use

Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Gym & Fitness Center

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

Location Insight

• Map
• Local Demand

City

Traverse City

County

Grand Traverse

State

Michigan

Longitude

-85.65557869

Latitude

44.69037582

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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.