3311 W South Airport Road Traverse City, MI ^$ 890,000

3311 W South Airport Road

^$ 890,000

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3311 W South Airport Road

Traverse City, MI, 49684

^$ 890,000

Studio Baths0.0 Sq 3,936

Monthly Estimate*

^$ 5,915

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Studio

Commercial Property for sale in Traverse City, MI

for $890,000. This 3,936 square foot building was built in 1995.

Great retail or office location with good visibility and easy ingress and egress from South Airport Road. Stand-alone building is comprised of 2 units that are currently being used as one 3,936 SF store, but could easily be divided back into two units. Each side has its own bathroom and access to the lower level which is comprised of storage and some finished office space. Lower level could be finished off and have its own entrance from the south parking lot if a deck/staircase was added. New roof and french drains in 2022. Located directly across from Grand Traverse Mall and has plenty of parking for customers. Neighboring uses include retail stores, beauty salon, professional services, healthcare, and retail banking. Offered well below assessor's true cash value of $1,059,400.

Commercial Active

Price

^$ 890,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Commercial/Industrial

Year Built

1995

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

80014188

Features

General

Heating Forced Air

Cooling Central A/C

Possession Negotiable (Possession)

Roof Asphalt

Water Public Water

Status Active Active

Year Built 1995

Parking Parking Lot

Subdivision GT Commerce Centre

County Grand Traverse

Class COM/IND/BUS OPP

Type Commercial/Industrial

Business Name n/a

Percent Ownership Private

Municipality Garfield Twp

Section 21

Zoning Professional Office Commercial

Commercial Features ADA Accessible Bath Sprinkler System

Area Garfield Twp (28005)

Location Office Park Shopping Center

Directions Go east from South Airport and US-31 intersection for 1/8 of a mile. Suite is located on the south side of S. Airport across from the Grand Traverse Mall.

City Traverse City

Street Name South Airport

Financial Terms Cash Commercial Loan

Legal Description partial from tax record: UNITS 1 & 2 SHAW COMMERCE BLDG

DOM 119

Price Per Sq Ft Total 226.12

Coming Soon Great retail or office location with good visibility and easy ingress and egress from South Airport Road. Stand-alone building is comprised of 2 units that are currently being used as one 3

Exterior

Exterior Brick Frame Vinyl Siding

Lot Size Area 0

Lot Dimensions condo

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Daniel Stiebel

Listing Agent

Coldwell Banker Schmidt-522

Broker

dan@realestatetc.com

Affordability Calculator

$5,915

Per Month

Monthly Principal & Interest: $5,915
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 ^$593,417

Percent of Sale Price 33%

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
1/24/2024	$890,000		Listed Price

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3311 W South Airport Road, Traverse City, MI, 49684 is a Commercial Property for sale at $890,000 with 3,936 sqft. 3311 W South Airport Road is a studio with 0.0 baths and was built in 1995. 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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3311 W South Airport Road

Commercial Property for sale in Traverse City, MI

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