3566 N US Highway 31 S - Light Distribution FOR SALE


Traverse City, MI 49684
$1,750,000 USD
231-932-1700
3566 N US Highway 31 S, Traverse City, MI for Sale
$1,750,000 USD
Light Distribution - FOR SALE
1/4
null | Request Cap Rate

3566 N US Highway 31 S
Traverse City, MI 49684


HIGHLIGHTS

  • Property is located within an Opportunity Zone.
  • Retail Development Opportunities Available!
  • Join New Hilton Hotel. A 100 room "TRU" Brand Hotel will anchor the site and will be located behind this parcel to the west.

OVERVIEW

PRICE REDUCED Includes 13,515 square foot auto dealership building. Built in 2001. Building includes retail showroom and private offices, two restrooms, conference room, and lounge. Center of building includes storage/parts area, 7 service bays plus 3 bay oil change area. 18' high. Also includes 1350 square foot basement, 1500 sf mezzanine, custom cabinetry, and fireplace. CH Commercial District. Property is located within an Opportunity Zone. Please ask about tax credits. Retail Development Opportunities Available! Join New Hilton Hotel. A 100 room "TRU" Brand Hotel will anchor the site and will be located behind this parcel to the west. A second hotel started construction in 2022. This property offers an excellent retail opportunity located directly in front of both hotels. Land for Sale or Build to Suit. Sale or Lease.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$129 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

UTILITIES

-

CLEAR CEILING HT

18 Ft

DOCKS

-

DRIVE INS

10

PARKING SPACES

31

LAND DETAILS

LAND ACRES

2.04

LAND SF

88,862

ZONING

CI

APN/PARCEL ID

05-016-016-65

ASK ABOUT THIS PROPERTY

Jerry SnowdenGA Snowden AssociatesMore Info
231-932-1700

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Jerry SnowdenGA Snowden AssociatesMore Info
231-932-1700

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.