12
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$2,200,000
Est. payment /mo
13,550 SqFt
Active
2751 N US-31 S Traverse City, MI 49684
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 13,550 sqft
Price per Sqft $162
Subdivision Metes And Bounds
MLS Listing ID 78080056694
Year Built 1954
Lot Size 1.280 Acres
Acres 1.28
Property Description
An outstanding opportunity to own a highly visible, income-producing commercial property on one of Traverse City’s busiest corridors. This multi-tenant building sits directly on South US-31, offering excellent exposure, high traffic counts, and convenient access for customers and tenants alike. The building is currently configured into four separate units. Two units are tenant-occupied and generating rental income, while the remaining two are vacant and ready for immediate use. This setup makes the property ideal for an investor looking for immediate cash flow with additional leasing upside, or for an owner-occupant who can take advantage of the vacant space while earning income from the rented units. The property features ample on-site parking, prominent signage opportunities, and a flexible layout that accommodates a range of uses, including office, retail, or service-based businesses. Located just minutes from downtown Traverse City in a well-established commercial area, this is a rare chance to acquire a versatile and revenue-generating asset in one of Northern Michigan’s most active and desirable business corridors.
Location
State MI
County Grand Traverse
Area Area28041Garfieldtwp
Interior
Heating Forced Air, Natural Gas
Cooling CentralAir, Other
Fireplace No
Exterior
Parking Features ParkingLot
Utilities Available NaturalGasConnected
View Y/N No
Building
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Schools
High Schools Traverse City
School District Traversecity
Others
Acceptable Financing Cash, Conventional, Other, Trade1031Exchange
Listing Terms Cash, Conventional, Other, Trade1031Exchange
Special Listing Condition Standard
©2025 Realcomp II Ltd. Shareholders
Listed by David G Cutler of Twin Bay Properties, LLC
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