6375 E Traverse Highway, Traverse City, MI 49684
COMMERCIAL - Traverse City, MI
- Added:
- Aug 30, 2022
- Days on Market:
- 1407
- Last Refresh:
- Jul 6 at 12:06 pm
Property Features for 6375 E Traverse Highway
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Parking features
- Parking Lot
- Exterior features
- Vinyl, Aluminum
- Standard status
- Active
- Size
- 4,608 SF
- Lot size
- 1.07 Acres
Taxes and HOA fees
- Tax Description
- "PRT SW 1/4 SEC 35 COM S 1/4 COR TH N 89 DEG 53'05" W 681.82 FT FOR POB TH CONT N 89 DEG 53'05" W 251.18 FT TH N 1 DEG 15'35" E 295.59 FT TH S 89 DEG 53'00" E 168.48 FT TH S 59 DEG 44'00" E 94.38 FT TH S 1 DEG"+--per the tax authority having jurisdiction.
Utilities
- Water source
- Private
Building Details
- Building materials
- Frame, 2x6 Framing
- Roof type
- Metal
Listing agent Joshua Croff License #6502418758 (231) 342-8777
Listing office Verity Real Estate, LLC 801 S Garfield Avenue, #302, Traverse City, MI (231) 342-8777
Listing date Aug 30, 2022
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.
HighLights
- Commercial property with 250' of M‑72 W road frontage
- Over 4,600 SF total building area on 1.07 acres (additional adjoining parcel may be available)
- Includes a 750 SF one bed/one bath apartment above the main retail area
- Outdoor power equipment business operated continuously since 1979 (one‑owner)
- Independent ECHO servicing dealer plus parts/service and warranty for Briggs, Tecumseh, Kohler, LTC and more
- Building features: vinyl and aluminum exterior, frame 2x6 framing, metal roof, and parking lot
Overview
The property has approximately 250 feet of road frontage on M-72 W, positioned about five minutes from West Grand Traverse Bay in Traverse City, Michigan. It is described as a continuously operated business since 1979 and includes servicing under an independent ECHO servicing dealer, along with Briggs, Tecumseh, Kohler, LTC, and warranty/service coverage referenced for Husqvarna, Poulan, TROY-BILT, MTD, and other brands.
This configuration can suit an owner-operator looking to run an outdoor power equipment sales and service business while also having on-site living space. It may also appeal to buyers evaluating a mixed-use retail asset with built-in residential income potential, given the separate apartment above the main retail area. The substantial road frontage supports customer-facing retail visibility for users that benefit from easy drive-up access to a commercial storefront.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $88.5k | $19.20 |
| − Vacancy | −$7.1k | −$1.54 |
| EGI | $81.4k | $17.66 |
| − OpEx | −$24.4k | −$5.30 |
| NOI | $57.0k | $12.36 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Traverse City
- County
- Grand Traverse
- State
- Michigan
- Longitude
- -85.727567
- Latitude
- 44.775529
