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    Grawn, MI
    Retail

    Grawn, MI Retail Properties & Spaces for Sale

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    Traverse City, MI Kingsley, MI Interlochen, MI Buckley, MI
    Flex Building With Overhead Doors
    Updated: Jan 14, 2025
    Flex Building With Overhead Doors

    8722 Us-31, Grawn, MI 49637

    $619,000
    6,720 sqft
    6,720‑square‑foot commercial building constructed in 1994
    12‑foot overhead doors at the rear, plus an additional side entrance
    Front retail and office areas with a commercial foyer and main‑level kitchen
    Second floor has separate entrance, kitchen and bathroom plumbing, and deck
    High‑ceiling rear room suitable for bringing in heavy equipment
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    8722 Us-31, Grawn, MI 49637

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    • Est. Cap Rate

      8.6%
      Above avg (5.9%)

    • Est. NOI

      $53K
      Annual

    • Price @ 7% Cap

      $764K
      Above asking

    • Property Type

      Department Store
      Built 1994
    View Property Analytics
    Flex Building with Overhead Doors
    Updated: Feb 9, 2025
    Flex Building with Overhead Doors

    8722 US-31, Grawn, MI 49637

    $619,000
    6,720 sqft 0.76 AC lot
    6,720‑square‑foot flex building on 0.76 acres
    12‑foot overhead doors at the rear plus a side garage‑door entry
    Front retail and office areas with a large open back room
    Upper level plumbed for a kitchen and bathroom with separate entrance and deck
    Hot‑water boiler radiant heat
    View details
    Based on your search, we've compiled 33 Potential Opportunities for your consideration. Besides 2 Active listings in Grawn, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 23 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Visible Retail Building on US-31
    Visible Retail Building on US-31

    Traverse City, MI 49685

    $1,985,000
    8,250 sqft 2.90 AC lot

    Highly visible retail building with frontage on US-31.

    View details
    Retail and Office Corner Lot
    Retail and Office Corner Lot

    305 Us-31, Traverse City, MI 49685

    $799,000
    3,840 sqft

    High-traffic corner site with flexible CM zoning and existing retail/office and pole buildings for immediate or future use.

    View details
    Retail End Cap with Back Service Door
    Retail End Cap with Back Service Door

    S 867 S US-31 Unit SourceFi, Traverse City, MI 49685

    Contact for pricing
    1,440 sqft

    Endcap storefront with big windows and a service door providing access to a back lot for deliveries and parking.

    View details
    Retail Endcap Space
    Retail Endcap Space

    867 Us-31, Traverse City, MI 49685

    Contact for pricing
    1,440 sqft

    Endcap retail space with large windows, a rear service entrance, and access to back-lot parking.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Residential Income Property with Road Frontage
    Residential Income Property with Road Frontage

    8921 US-31, Grawn, MI 49637

    $395,000
    1,276 sqft 3.20 AC lot

    Extensive highway frontage and on-site structures offer flexible use considerations, with commercial designation noted in the township plan.

    View details
    Commercial Land with Road Frontage
    Commercial Land with Road Frontage

    2860 S M-37, Traverse City, MI 49685

    $599,500
    4.24 AC lot

    Level, sandy 4.25-acre site with municipal water and dual Commercial/Industrial zoning for multiple business uses.

    View details
    Commercial Land with Scenic Views
    Commercial Land with Scenic Views

    1202 N US-31, Traverse City, MI 49685

    $149,900
    0.85 AC lot

    High-visibility parcel off US-31 with strong scenic potential and Office (C-O) use references to review with township.

    View details
    Commercial Land Near Traffic Light
    Commercial Land Near Traffic Light

    Zimmerman Road, Traverse City, MI 49685

    $389,000
    3.50 AC lot

    Commercial zoning permits mixed-use development with residential space above.

    View details

    Off-Market Properties in Grawn, MI

    Consider similar Off-Market properties in Grawn, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    5602 Us Hwy 31
    PARKING GARAGE, PARKING STRUCTURE

    5602 Us Hwy 31, Grawn, MI 49637-9701

    $220,000
    Estimated value
    1.54 AC lot
    View details
    5790 Us-31
    Restaurants

    5790 Us-31, Grawn, MI 49637

    Value Estimation by Request
    2,760 sqft 1.52 AC lot
    View details
    6100 Us Hwy 31
    REGIONAL SHOPPING CENTER, MALL

    6100 Us Hwy 31, Grawn, MI 49637-9620

    Value Estimation by Request
    882 sqft 2.49 AC lot
    View details
    7030 Us Hwy 31
    AUTO REPAIR, GARAGE

    7030 Us Hwy 31, Grawn, MI 49637-9703

    $400,000
    Estimated value
    8,976 sqft 2.07 AC lot
    View details
    8722 Us Hwy 31
    DEPARTMENT STORE

    8722 Us Hwy 31, Grawn, MI 49637-9622

    $330,000
    Estimated value
    6,720 sqft 0.76 AC lot
    View details
    5245 Us Hwy 31
    AUTO REPAIR, GARAGE

    5245 Us Hwy 31, Grawn, MI 49637-9701

    $475,000
    Estimated value
    16,904 sqft 1.74 AC lot
    View details
    5624 Us Hwy 31
    CONVENIENCE STORE

    5624 Us Hwy 31, Grawn, MI 49637-9701

    $490,000
    Estimated value
    2,584 sqft 2.42 AC lot
    View details
    5790 Us Hwy 31
    RESTAURANT

    5790 Us Hwy 31, Grawn, MI 49637-9652

    $320,000
    Estimated value
    2,760 sqft 1.52 AC lot
    View details
    5840 Us Hwy 31
    CONVENIENCE STORE

    5840 Us Hwy 31, Grawn, MI 49637-8601

    $330,000
    Estimated value
    3,704 sqft 0.51 AC lot
    View details
    5818 Us Hwy 31
    CONVENIENCE STORE

    5818 Us Hwy 31, Grawn, MI 49637-8601

    $330,000
    Estimated value
    2,536 sqft 0.51 AC lot
    View details
    9205 Us Hwy 31
    RESTAURANT

    9205 Us Hwy 31, Grawn, MI 49637-9766

    $340,000
    Estimated value
    1,941 sqft 3.10 AC lot
    View details
    6176 Us Hwy 31
    AUTO REPAIR, GARAGE

    6176 Us Hwy 31, Grawn, MI 49637-9620

    $375,000
    Estimated value
    2,400 sqft 2.61 AC lot
    View details
    7846 Us Hwy 31
    GROCERY, SUPERMARKET

    7846 Us Hwy 31, Grawn, MI 49637-9746

    Value Estimation by Request
    1,728 sqft 0.87 AC lot
    View details
    5200 Us Hwy 31
    AUTO REPAIR, GARAGE

    5200 Us Hwy 31, Grawn, MI 49637-9701

    $480,000
    Estimated value
    9,000 sqft 2.60 AC lot
    View details
    5862 Us Hwy 31
    RESTAURANT

    5862 Us Hwy 31, Grawn, MI 49637-8601

    Value Estimation by Request
    840 sqft 0.30 AC lot
    View details
    7155 Scotchwood Ln
    REGIONAL SHOPPING CENTER, MALL

    7155 Scotchwood Ln, Grawn, MI 49637-9650

    $425,000
    Estimated value
    19,296 sqft 2.20 AC lot
    View details
    1899 Rogers Rd
    REGIONAL SHOPPING CENTER, MALL

    1899 Rogers Rd, Grawn, MI 49637-9771

    $420,000
    Estimated value
    6,000 sqft 3.79 AC lot
    View details
    5751 Norton Rd
    AUTO REPAIR, GARAGE

    5751 Norton Rd, Grawn, MI 49637-9786

    Value Estimation by Request
    10,740 sqft 9.76 AC lot
    View details
    4435 M 37
    AUTO REPAIR, GARAGE

    4435 M 37, Grawn, MI 49637-9745

    $530,000
    Estimated value
    8,984 sqft 3.72 AC lot
    View details
    5578 M 37
    AUTO REPAIR, GARAGE

    5578 M 37, Grawn, MI 49637-9753

    $350,000
    Estimated value
    600 sqft 12.94 AC lot
    View details
    3941 Kathy Ln
    AUTO REPAIR, GARAGE

    3941 Kathy Ln, Grawn, MI 49637-8711

    Value Estimation by Request
    3,200 sqft 11.93 AC lot
    View details
    6097 Fall Rd
    AUTO REPAIR, GARAGE

    6097 Fall Rd, Grawn, MI 49637-9761

    $615,000
    Estimated value
    12,800 sqft 8.20 AC lot
    View details

    Grawn, MI Retail Properties & Spaces Market Trends and Statistics

    Explore 25 retail properties & spaces for sale in Grawn, MI on our real estate platform. These investment opportunities span a total of 13,440 square feet of properties for sale, with an estimated market value of $1,238,000.

    Sale prices for stores in Grawn, MI average $619,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 3,535
    Population Growth (5Y) -7.4%
    Median Household Income $74,871
    College Educated 31.7%

    High-Yield Neighborhoods for Investment

    Identify Grawn submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49637 $619K

    Taxes & Financing

    Tax Rate (average for all types) 3.90%
    Property Tax per SF $95.05 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Grand Traverse County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Grand Traverse County

    Retail

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