Traverse City, MI 49685,305 US-31 S
Traverse City, MI 49685,305 US-31 S
Traverse City, MI 49685,305 US-31 S
30
Listed by Bill Somerville • Three West, LLC
Bought with Marty Stevenson • EXIT Realty Paramount
$520,000
$520,000
Est.Price: ?

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3,840 SqFt

305 US-31 S Traverse City, MI 49685

Est. payment /mo
SOLD DATE : 12/19/2024

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Key Details

Sold Price $520,000

Property Type Commercial

Sub Type Retail/Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 3,840 sqft

Price per Sqft $135

Subdivision Mi

MLS Listing ID 1928221

Sold Date 12/19/24

Year Built 1964

Lot Size 1.150 Acres

Acres 1.15

Lot Dimensions 200 x 293

Property 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, restaurant/drive-thru and multi-family. Currently on well with municipal sewer. Municipal water is available.

Location

State MI

County Grand Traverse

Zoning Multi-Family,Office,Retail,Commercial,Manufacture/Warehouse,Restaurant/Food,Automotive Service

Rooms

Basement Slab

Interior

Heating Forced Air, Central Air

Cooling Forced Air, Central Air

Exterior

Exterior Feature Vinyl, Steel

Roof Type Metal/Steel

Present Use Office Building,Retail Store

Road Frontage Public Maintained, Blacktop

Building

Sewer Municipal

Water Private Well

Others

Tax ID 02-004-014-00

Ownership Private Owner

Acceptable Financing Conventional Mortgage, Commercial Loan, Cash

Listing Terms Conventional Mortgage, Commercial Loan, Cash

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agent

Epique Realty

Company | License ID: DRE01797917

+1(512) 387-0722

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