10491 Brewery Creek LnTraverse City, MI 49684

  • Commercial real estate
  • 0.03 AC
For Sale
$229,900 View listing

Property Details for 10491 Brewery Creek Ln

Lot size
0.03 AC
Property type
Commercial real estate
APN
004-780-001-00
APU
478000100

Description

This exceptional mixed-use property, located at 10491 Brewery Creek Lane in Traverse City, Michigan, 49684, presents a unique investment opportunity. The 1,260 square foot building boasts a strategically advantageous position, directly across from several prominent marinas including Harbor West Marina, Center Point Marina, Elmwood Marina, and Greilickville Harbor. Easily accessible via M-22, the property features a 21' x 60' heated storage unit, perfect for boat and RV storage. Constructed of all steel, the unit includes an 18' x 22' overhead insulated door, a concrete floor with drain, and a 100 AMP panel with 30 AMP service and a water/hose bib. Internal dimensions measure approximately 20.37' x 58.66', offering ample space. The unit is even plumbed for a bathroom, adding to its versatility. This prime location and well-constructed building offer significant potential for various uses and strong rental income. The asking price is $229,900. Don't miss this chance to own a piece of Traverse City's thriving waterfront community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $264,038
    Hospitality
    $241,857
    Educational
    $201,222
    Medical
    $208,143
    Retail
    $313,012

Location Insight

City
Traverse City
County
Leelanau
State
Michigan
Latitude
44.7882
Longitude
-85.6419
CBSA code
45900
CBSA name
TRAVERSE CITY, MI MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,862
-
-
$104,800
-
-
-
$209,600

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