760 US 31 S

760 US 31 S Traverse City, MI 49684

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FOR LEASE
Property Type:
Commercial Land Development
Last Verified:
Apr 21, 2017


Located on the corner of US 31 S and Chums Village Dr at the entrance to Wuerfel Park
Excellent Exposure on US 31 S
Very High Traffic Counts
Partially Black Topped
Ready for Development
Lot Size: 2.41 acres

Units for Lease

760 US 31 S
Lease Type: NNN
Price Per Sqft/Year: $0.34

Map of 760 US 31 S, Traverse City, MI, 49684

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Real Estate Incentives (What is this?)
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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.