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    OFF-MARKET
    Industrial properties

    9664 Us-31, Interlochen, MI 49643

    6,400 SF 0.92 ac lot Built 2004
    Property ID
    Property summary
    AI-generated overview

    This 6,400 square foot industrial property is situated on a 0.92-acre lot at 9664 US-31 S in Interlochen, MI, a high-traffic area southwest of Traverse City. Boasting a prominent location on US-31 near the intersection with S. Long Lake Rd/M-137, the property benefits from approximately 12,000 vehicles passing daily. A monument sign ensures excellent visibility. The building currently features five storefronts, currently divided into three separate spaces, offering flexibility for a single large tenant or multiple smaller businesses. Convenient amenities include two restrooms and a rear roll-up door ideal for deliveries. The property's Green Lake Township Commercial zoning allows for diverse uses, including retail, office, and cannabis businesses (with licenses available). A beer and wine license (SDM) is available, and a liquor license (SDD) is a possibility. Nearby businesses include Wendy's, Dollar General, Subway, and Tom's Food Market, creating a strong retail synergy. This property presents a unique opportunity for investors and businesses seeking a high-visibility location with significant potential. A lease option is also available (MLS#1922579). The asking price is $575,000.

    Property profile
    Verified
    Property type Industrial properties
    Year built 2004
    Total area 6,400 SF
    Lot 0.92 ac (40,075 SF)
    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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