For Sale
$789,900

8868 Us-31 Grawn, MI 49637

69 Income-Producing Units, US-31 Frontage

Overview

Added:
Feb 3
Days on market:
79
This exceptional investment opportunity presents a portfolio of 69 income-producing units situated on a 1.5-acre lot at 8868 US-31 N in Grawn, Michigan. The property boasts a total of 13,510 square feet of versatile industrial space, encompassing a variety of unit sizes to accommodate diverse tenant needs. Unit dimensions include 30x40 buildings, along with numerous smaller units ranging from 5x5 to 10x20. This strategic location on heavily trafficked US Highway 31 North ensures high visibility and convenient access for tenants and customers alike, maximizing rental potential. The property's diverse unit sizes allow for flexible leasing strategies, catering to a broad range of businesses and maximizing occupancy rates. Financial details are available upon request, providing prospective buyers with a comprehensive understanding of the property's current income stream and potential for future growth. This is a rare opportunity to acquire a well-established, income-generating industrial portfolio in a prime location. The property's size and configuration offer significant potential for expansion or further development, making it an attractive investment for both seasoned investors and those seeking a strong entry point into the commercial real estate market. Serious inquiries only.

Property Details for 8868 Us-31

Property type
Industrial properties
Square Feet
13,510 SF
Year Built
1976
Lot Size (sq. ft)
65,340 SF

Location Insight

City
Grawn
County
Grand Traverse
State
Michigan
Latitude
44.65916
Longitude
-85.75477

FAQs

What type of property is this?
Industrial property - 69 Income-Producing Units, US-31 Frontage
Where is the industrial property located?
The property is located at 8868 Us-31 Grawn, MI.
What is the asking price?
The asking price for this property is $789,900.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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8868 Us-31
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