3566 31Traverse City, MI 49684

  • Retail properties
  • 13,515 SF
For Sale
$1,950,000 View listing

Property Details for 3566 31

Year built
2001
Lot size
3.00 AC
Property size (Sq ft)
13,515 SF
Property type
Retail properties
Property subtype
Other retail properties

Description

This 13,515-square-foot vacant storefront, built in 2001, presents a significant retail opportunity in Traverse City, Michigan. Located in the CH Commercial District within an Opportunity Zone, this property offers potential tax credits. The building features a retail showroom, private offices, two restrooms, a conference room, and a lounge. A central storage/parts area includes seven service bays and a three-bay oil change area. The building boasts 18-foot ceilings and backs up to Kid's Creek, providing staging areas for vehicle sales. Additional features include a 1,350-square-foot basement, a 1,500-square-foot mezzanine, custom cabinetry, and a fireplace. The property sits on three acres and is situated directly in front of two hotels, offering high visibility and accessibility. The asking price is $1,950,000 ($144.28 per square foot). Land is available for sale or build-to-suit options are possible. Sale or lease options are available. The property is zoned "Other". Inquire about potential tax benefits associated with the Opportunity Zone designation.

3566 31, Traverse City, Michigan

Location Insight

City
Traverse City
County
Grand Traverse
State
Michigan
Latitude
44.7384
Longitude
-85.6451

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