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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

90 31 Traverse City, MI 49685

Property ID
Property summary
AI-generated overview

This exceptional 10,000 square foot storefront property, located at 90 N U.S. 31 S in Traverse City, Michigan, presents a remarkable investment opportunity. Priced at $1,250,000, this privately owned building offers a spacious and adaptable layout, ideal for a variety of commercial uses. Its strategic location near Chum's Corners, just north of Rennie School, ensures high traffic volume and excellent visibility, maximizing potential for any business. The property boasts ample parking, a significant advantage for customers and employees. The adaptable design allows for customization to suit diverse needs, from retail outlets and professional services to wholesale operations and more. This is a rare opportunity to acquire a substantial commercial property in a thriving area of Traverse City, within Grand Traverse County, and with a 49685 zip code. The building's size and location make it an attractive prospect for businesses seeking a prominent presence in a high-traffic area. Don't miss this chance to secure a prime commercial space in a desirable location.

Property profile
Verified
Property type Retail properties & Spaces
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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