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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

336 31 Traverse City, MI 49685

Built 1974
Property ID
Property summary
AI-generated overview

This exceptional 3,552-square-foot retail storefront, located at 336 US 31 S in Traverse City, Michigan, presents a unique investment opportunity. Built in 1974 and extensively renovated in 2018, this single-tenant property boasts a highly desirable location in the Chum's Corners area, directly off US-31. Benefit from exceptional visibility with over 25,000 vehicles passing daily. The flexible layout offers a combination of prime office and showroom space at the front, seamlessly transitioning to ample warehouse space in the rear. Ample parking is available for both employees and customers, ensuring convenience for all. The property also includes a significant advantage: a secure, fenced-in outdoor storage area, providing additional space and security. The property is situated in Grand Traverse County (APN: 05-033-007-00) and will be available for occupancy in February 2025. This well-maintained and updated building represents a compelling opportunity for businesses seeking a high-traffic, versatile retail space in a thriving Michigan market. The property's strategic location and functional design make it an ideal choice for a variety of retail uses. Don't miss this chance to secure a prime commercial property in a bustling area of Traverse City. Zip code: 49685.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1974
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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