981 N Us-31 S
Traverse City, MI 49685

$1,495,000

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.

Details

MLS#1856452
Sub-TypeResale
StatusActive
Days On Site93

Features

ZoningMulti-Family,Commercial
Acreage7.26

Market Activity 49685

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Area Information

StateMI
CountyGrand Traverse
CityTraverse City
Zip Code49685
AreaGrand Traverse
Listing VS Median (in 49685)
Price:
$1,495,000
low | high
Med:
$229,900
100% of Average
On Site:
93
low | high
Med:
196
47.448979591837% of Average
Listing Updated: 04/17/2019
MLS Number: 1856452
Listing Provided By:
Donald Fedrigon  of  RE MAX Of Elk Rapids
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