90 31 Traverse City, MI 49685
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.