981 N US-31 S Traverse City, MI 49685

Property Description

PRIME COMMERCIAL LOCATION IN TRAVERSE CITY! With 818 feet of road frontage on high traffic US 31 in a growing area of Traverse City offers a highly convenient and visible location. On one end of the property there is a self storage business with 72 rental units in two buildings, fenced & lighted, with plenty of room to expand. There are various sizes of rental units and currently are at 100 percent occupancy. The 7.2 acre setting allows of room to expand the mini storage or start a new commercial endeavor. If you have been thinking about starting your own business or investing in the highly desirable Grand Traverse area-this is the place to be! One mile south of Grand Traverse Mall.

Property Information

Current Price$2,200,000.00
Lot Size7.26 acres

Details

Listing StatusSold

Financial Data

Current Price$2,200,000.00
Original Price$1,495,000.00
Property Taxes$9,225.94

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Fred Schmidt
Broker
Michigan | Ohio | Florida | St Croix

    Additional Information

    CityTraverse City
    StateMI
    CountyGrand Traverse
    MLS ID1856452
    School DistrictTraverse City Area Public School
    WaterfrontNo
    BrokerageRE/MAX Of Elk Rapids
    PO Box 36 Elk Rapids MI 49629