Griffin St Traverse City, MI 49684
- Retail properties
- 4,789 SF
- 0.32 lot acres
Current Use by Public Records
- Retail properties
Property Details for 0 Griffin St
- Year built
- 1962
- Lot size
- 0.32 lot acres
- Property size
- 4,789 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This exceptional Traverse City commercial property, located at 114 E Griffin St, presents a compelling redevelopment opportunity. The 4,789 square foot building sits on a 0.32-acre lot and boasts versatile C-3 zoning, ideal for a variety of commercial uses, including retail or office space. Built in 1962, this single-story structure offers significant potential for renovation or repurposing. Its prime location in Traverse City, MI 49684, ensures high visibility and accessibility, with proximity to 14th Street, Munson Hospital, and the downtown area. The property's position across from Saint Francis Church benefits from substantial community activity and pedestrian traffic. This is a rare chance to acquire a significant piece of commercial real estate in a thriving Michigan city, offering substantial returns for the discerning investor. The asking price is $990,000. The property is privately owned and consists of one building.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Traverse City
- County
- Grand Traverse
- State
- Michigan
- Longitude
- -85.6201
- Latitude
- 44.7528
