For Sale
$850,000

3311 South Airport RdTraverse City, MI 49684

Prime retail location, high visibility, 3,936 sq ft.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional retail property, located at 3311 W South Airport Road in Traverse City, Michigan, 49684, presents a unique investment opportunity. The 3,936 square foot building boasts a highly visible location, situated across from the Grand Traverse Mall, ensuring significant foot traffic and brand exposure. Currently configured as a single 3,936 square foot unit, the building is easily divisible into two separate units, each with its own bathroom and access to a lower level. This lower level offers substantial storage space and partially finished office areas, presenting potential for expansion and customization. Adding a deck and staircase could create a separate entrance from the south parking lot. The property benefits from excellent ingress and egress from South Airport Road, providing convenient access for customers and employees. Recent improvements include a new roof and French drains installed in 2022. Ample customer parking is readily available. The surrounding area features a diverse mix of businesses, including retail stores, a beauty salon, professional services, healthcare providers, and a retail bank. This property is offered at $850,000, significantly below the assessed true cash value of $1,059,400. This presents a compelling opportunity for investors seeking a high-value, well-located retail space in a thriving Michigan market.

Highlights

  • 3,936 SF retail building at 3311 W South Airport Rd, Traverse City, MI 49684.
  • High-visibility location across from Grand Traverse Mall, ensuring strong foot traffic.
  • Currently a single unit, easily divisible into two with separate bathrooms and lower-level access.
  • Lower level offers substantial storage and partially finished office space.
  • Excellent ingress/egress from South Airport Road, ample parking.
  • New roof and French drains (2022).

Property Details for 3311 South Airport Rd

Property type
Retail properties, Land
Square Feet
3,936 SF

Location Insight

City
Traverse City
County
Grand Traverse
State
Michigan
Latitude
44.7222668
Longitude
-85.6411185
3311 South Airport Rd, Traverse City, Michigan

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3311 South Airport Rd
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