305 U.S. 31 South, Traverse City, MI, 49685

305 U.S. 31 South Traverse City, MI 49685

305 U.S. 31 South, Traverse City, MI, 49685
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FOR SALE
Property Type:
Street Retail
Amount:
$520,000
Last Verified:
Oct 16, 2024

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Highlights

  • 200‘ US31 Frontage
  • 25,600 Traffic Count
  • Room to Expand
  • Billboard Income

Description

1.15 acre parcel with 200’ US31 frontage and access from both US31 and Foster Dr. Corner lot with room to expand or great redevelopment opportunity. Includes front 1,440 sq ft retail building with two tenants on month-to-month basis plus 2,400 sf pole barn building with overhead door and front retail/office area. Front retail building has new metal roof installed in 2021 and washer/dryer connections. In strong retail area south of Traverse City close to Menards, Family Fare, Tractor Supply and Blain’s. 25,600 vehicles per day average traffic count. Pylon sign on US31 included. C-M zoning allows for a variety of uses including retail, office, services, contractor yard, auto sales/repair and restaurant/drive-thru. Currently on well with municipal sewer. Municipal water is available. Additional income from billboard.

Located on the northeast corner of US 31 S and Foster Rd.


Year Built: 1964
Building Size: 3840sq ft
Lot Size: 1.15 acres


Documents

305 US31 Building Dimensions Tax.pdf
Sale Brochure

Map of 305 U.S. 31 South, Traverse City, MI, 49685

Presented by:
Three West LLC

Request additional information
Bill Somerville


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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."

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