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    Grawn, MI
    Retail

    Grawn, MI Retail Space for Sale

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    Traverse City, MI Interlochen, MI Kingsley, MI Buckley, MI
    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 SF commercial building on US‑31 with high traffic count
    Two 12‑ft overhead garage doors in back plus a side garage door for heavy equipment access
    Hot water boiler radiant heat and metallic cable wiring throughout; optic cable available
    2 baths; full kitchen on main floor and front retail/office space plus second‑floor space
    Second floor plumbed for an apartment (kitchen and bathroom) with deck overlooking wooded back lot
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    This listing looks promising.

    Here's a quick look at some key insights for

    8722 US-31, Grawn, MI 49637-9539

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    • Est. Cap Rate

      6.3%
      Above avg (5.9%)

    • Est. NOI

      $39K
      Annual

    • Price @ 7% Cap

      $559K
      Suggested

    • Property Type

      Department Store
      Built 1994
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Grawn, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    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 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
    Traverse City Retail Building on US-31
    Traverse City Retail Building on US-31

    274 US-31, Traverse City, MI 49685

    Contact for pricing
    8,250 sqft 2.89 AC lot

    Highly visible retail building with frontage on US-31.

    View details

    Grawn, MI Retail Space Market Trends and Statistics

    Explore 1 retail space for sale in Grawn, MI on our real estate platform. These investment opportunities span a total of 6,720 square feet of properties for sale, with an estimated market value of $619,000.

    Sale prices for retail space 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

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