314 Munson Avenue Traverse City, MI ^$ 1,695,000

314 Munson Avenue

^$ 1,695,000

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314 Munson Avenue

Traverse City, MI, 49686

^$ 1,695,000

Studio Baths0.0 Sq 2,759

Monthly Estimate*

^$ 11,840

314 Munson Avenue, Traverse City, MI 49686 - Image 1

314 Munson Avenue, Traverse City, MI 49686 - Image 2

314 Munson Avenue, Traverse City, MI 49686 - Image 3

314 Munson Avenue, Traverse City, MI 49686 - Image 4

314 Munson Avenue, Traverse City, MI 49686 - Image 5

314 Munson Avenue, Traverse City, MI 49686 - Image 6

314 Munson Avenue, Traverse City, MI 49686 - Image 7

Studio

Commercial Property for sale in Traverse City, MI

for $1,695,000. This 2,759 square foot building was built on a lot size of 0.22.

Ã¢â¬Â¢ Municipal Approved Adult-Use Provisioning Center available for sale - licenses and real estate included in the sale. Ã¢â¬Â¢ The location is fully built out; all it is missing is branding and inventory. Ã¢â¬Â¢ Freestanding building with 12 parking spaces and monument signage. Ã¢â¬Â¢ The site sits directly on heavily traveled Munson Avenue which sees approximately 27,000 vehicles per day, offering excellent brand exposure and plenty of daytime traffic. Ã¢â¬Â¢ Strong synergy in the immediate marketplace surrounded by a dense residential population and several national tenants/hotels in the tourist area of town.

Commercial Active

Price

^$ 1,695,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Commercial/Industrial

Lot Size

0.22

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

60189490

Features

General

Possession At Close

Water Public Water

Status Active Active

Year Built 19

County Grand Traverse

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership Private

Municipality Traverse City

Zoning Commercial

Subdivision MI

Area Traverse City (28021)

Primary City Traverse City

Directions N/A

City Traverse City

Street Name Munson

Financial Terms Cash

Legal Description LOT 128 & E 65 FT OF VAC ALLEY LYING S OF SAID LOT FOSTER & CROTSERS ADD

DOM 443

Postal Code 49686

Price Per Sq Ft 614.35

Coming Soon

Exterior

Exterior Brick

Frontage 100

Lot Size Area 0.22

Lot Dimensions 65.00 x 147.00

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Corbin Yaldoo

Listing Agent

C3 Cre, Llc

Broker

corbin@c3cre.com

Affordability Calculator

$11,840

Per Month

Monthly Principal & Interest: $11,840
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Traverse City, MI

Average List Price ^$575,606

Percent of Sale Price 66%

About Traverse City, MI

15,817 Population

7% Since 2002

^$49,237 Median Income

41.86 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/13/2023	$1,695,000	-15.04%	Price Down
7/12/2023	$1,995,000	-23.27%	Price Down
2/8/2023	$2,600,000		Listed Price

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314 Munson Avenue, Traverse City, MI, 49686 is a Commercial Property for sale at $1,695,000 with 2,759 sqft and a lot size of 0.22. 314 Munson Avenue is a studio with 0.0 baths. The property's zip code is 49686 which is in Traverse City, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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314 Munson Avenue

Commercial Property for sale in Traverse City, MI

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