2751 N Us-31 S, Traverse City, MI 49684

$2,390,000
7
BA

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List Price
$2,390,000
Days on Market
21
MLS#
1949731
Status
ACTIVE
Type
Commercial
Bathrooms
7

Property Description

Exceptional investment opportunity in one of Traverse City’s most highly visible commercial corridors. This fully occupied, multi-tenant commercial property is strategically located on US-31 in Garfield Township, next to Red Lobster and across from Chick-fil-A. The property is currently leased to four established tenants, all operating under newer or recently renewed leases with annual rent increases. All leases are true triple-net (NNN), providing an attractive, stabilized investment opportunity with predictable income growth. Excellent visibility, strong traffic counts, convenient access, and a highly desirable location surrounded by established national and local businesses. Rent roll and additional financial information available to qualified buyers upon request.

Additional Information

Acres
1.28
Heating
Forced Air, Heat Pump
Roofing
Other
Sewer
Public
Water
Public

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: David G Cutler from Listing Office: Twin Bay Properties, LLC.

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