3566 N Us-31 S Traverse City, MI ^$ 1,950,000

3566 N Us-31 S

^$ 1,950,000

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3566 N Us-31 S

Traverse City, MI, 49684

^$ 1,950,000

Studio Baths0.0 Sq 13,515

Monthly Estimate*

^$ 12,960

3566 N Us-31 S, Traverse City, MI 49684 - Image 1

3566 N Us-31 S, Traverse City, MI 49684 - Image 2

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3566 N Us-31 S, Traverse City, MI 49684 - Image 7

Studio

Commercial Property for sale in Traverse City, MI

for $1,950,000. This 13,515 square foot building was built in 2001 on a lot size of 3.

Includes 13,515 Square Foot Auto Dealership Building. Built in 2001. Building includes retail showroom and private offices, two restrooms, conference room, and lounge. Center of building includes storage/parts area, 7 service bays plus 3 bay oil change area. 18' high. Also includes 1350 square foot basement, 1500 sf mezzanine, custom cabinetry, and fireplace. CH Commercial District. Property is located within an Opportunity Zone. Please ask about tax credits. This property offers an excellent retail opportunity located directly in front of both hotels (see attached diagram). Land for Sale or Build to Suit. Sale or Lease.

Commercial Active

Price

^$ 1,950,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Commercial/Industrial

Lot Size

Year Built

2001

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

1327298

Features

General

Heating None

Cooling None

Possession Other (Possession)

Status Active Active

Year Built 2001

Subdivision Marsh 31 Development LLC MI

County Grand Traverse

Class COM/IND/BUS OPP

Type Commercial/Industrial

Business Name Marsh 31 Development LLC

Percent Ownership Private

Municipality Garfield Twp

Section 16

Zoning Other

Area Garfield Twp (28005)

Primary City Traverse City

Directions Located in Garfield Township approximately 2 miles southwest of downtown Traverse City on the east side of US-31 across from Great Wolf Lodge & Panera Bread.

City Traverse City

Street Name US-31 S

Legal Description PRT SW1/4 NE1/4 SEC 16 T27N R11W COM 750.13' S OF NE COR TH S 300.13' TH W 1056.19' TH ON CURVE RIGHT 317.55' (R= 5604.65' CH N 19 DEG 6' E 317.51') TH E 960.9' TO POB.

DOM 504

Postal Code 49684

Price Per Sq Ft Total 144.28

Coming Soon Includes 13 515 Square Foot Auto Dealership Building. Built in 2001. Building includes retail showroom and private offices two restrooms conference room

Exterior

Lot Size Area 3

Lot Dimensions irregular

* Excluded Features

List By

Gerald Snowden

Listing Agent

G.A. Snowden Associates

Broker

jsnowden@snowdencompanies.com

Affordability Calculator

$12,960

Per Month

Monthly Principal & Interest: $12,960
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Traverse City, MI

Average List Price ^$590,887

Percent of Sale Price 70%

About Traverse City, MI

15,817 Population

7% Since 2002

^$49,237 Median Income

41.86 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/18/2024	$1,950,000		Listed Price

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3566 N Us-31 S, Traverse City, MI, 49684 is a Commercial Property for sale at $1,950,000 with 13,515 sqft and a lot size of 3. 3566 N Us-31 S is a studio with 0.0 baths and was built in 2001. The property's zip code is 49684 which is in Traverse City, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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3566 N Us-31 S

Commercial Property for sale in Traverse City, MI

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