1859 Southpeak Dr Traverse City, MI 49685-8809
This single-tenant industrial warehouse, located at 1859 Southpeak Drive in Traverse City, Michigan, offers 4,080 square feet of versatile space. Built in 2017 and renovated in 2022, the property sits on a 0.93-acre lot and boasts a 16-foot ceiling height. The building features approximately 2,000 square feet of open, heated and cooled pole barn space, ideal for various uses. Additional amenities include a reception area, offices, a conference room, a kitchenette, and a half bathroom. The property is zoned for light industrial manufacturing and benefits from high visibility and accessibility, situated along a major thoroughfare with an average daily traffic count exceeding 13,000 vehicles in 2023. Recent updates include new flooring and ductless heating and cooling units. The flexible layout allows for diverse configurations to suit various business needs. This property is offered at $541,000, with a price per square foot of $134.56. Showings are by appointment only.
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Barks and Rec. Animal Training
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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