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Property profile & analytics

3311 South Airport Rd Traverse City, MI 49684

  • Retail properties
  • 3,936 SF
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Pak Mail / Shipping Service / Shipping Company
  • UPS Access Point location / Shipping And Mailing Service / Shipping Service
  • Northwoods Office Express / Mailing Service / Toner Cartridge Supplier
  • Invitations By Northwoods / Invitation Printing Service
  • FedEx Authorized ShipCenter / Shipping And Mailing Service / Logistics Service

Property Details for 3311 South Airport Rd

Property size
3,936 SF
Property type
Retail properties
Property subtype
Land

Description

This exceptional retail property, located at 3311 W South Airport Road in Traverse City, Michigan, 49684, presents a unique investment opportunity. The 3,936 square foot building boasts a highly visible location, situated across from the Grand Traverse Mall, ensuring significant foot traffic and brand exposure. Currently configured as a single 3,936 square foot unit, the building is easily divisible into two separate units, each with its own bathroom and access to a lower level. This lower level offers substantial storage space and partially finished office areas, presenting potential for expansion and customization. Adding a deck and staircase could create a separate entrance from the south parking lot. The property benefits from excellent ingress and egress from South Airport Road, providing convenient access for customers and employees. Recent improvements include a new roof and French drains installed in 2022. Ample customer parking is readily available. The surrounding area features a diverse mix of businesses, including retail stores, a beauty salon, professional services, healthcare providers, and a retail bank. This property is offered at $850,000, significantly below the assessed true cash value of $1,059,400. This presents a compelling opportunity for investors seeking a high-value, well-located retail space in a thriving Michigan market.


Value Estimations

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Traverse City
County
Grand Traverse
State
Michigan
Longitude
-85.6411
Latitude
44.7223
More about this property
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