721 W Blue Star Dr, Traverse City, MI, 49685

721 W Blue Star Dr Traverse City, MI 49685

721 W Blue Star Dr, Traverse City, MI, 49685
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FOR SALE
Property Type:
Street Retail
Amount:
$399,000
Last Verified:
Sep 25, 2024

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Highlights

  • US 31 Frontage/Pylon Sign
  • Corner Lot
  • Extra Parking/Yard Area
  • Updated Retail/Office Building

Description

Corner lot with great visibility, 128’ of frontage and pylon sign on high-traffic US 31 (25,600 vehicles per day). Nicely updated 1,650 sf retail/office building with extra parking/yard area. Building has rear storage area with sliding door for larger deliveries. Commercial General zoning allows for a variety of uses including retail, office, auto sales, personal/business services and restaurant. Located in growing retail corridor. Good redevelopment opportunity if larger building needed and municipal sewer available. Land contract available.

Southeast corner of US 31 and Blue Star Blvd.


Year Built: 1983
Building Size: 1650sq ft
Lot Size: 0.58 acres


Documents

Sale Brochure

Map of 721 W Blue Star Dr, Traverse City, MI, 49685

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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
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  • 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.