7270 N Long Lake Road Traverse City, MI ^$ 2,400,000

7270 N Long Lake Road

^$ 2,400,000

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7270 N Long Lake Road

Traverse City, MI, 49685

^$ 2,400,000

Studio Baths0.0 Sq 6,547

Monthly Estimate*

^$ 16,765

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Studio

Commercial Property for sale in Traverse City, MI

for $2,400,000. This 6,547 square foot building was built in 1995 on a lot size of 2.01.

The Fresh Coast Market is a Nationally Award Winning Market, Deli and Coffee shop located between Downtown Traverse City and Long Lake and across the Street from National Award winning Moomer's Ice Cream. This turn-key investment opportunity includes a trademarked brand that boasts the sales of over 200 Michigan Made products. Plans area available, and included with the sale, for a potential 10,000 SF addition to the store to boast food production of the Deli's private recipes of exceptional salads, sandwiches and take out. Pick up where the current owner are leaving off and build on the exceptional foundation to take this market and brand to the next level. The sale includes the business LLC and the real estate LLC, and all licenses. Inventory will be sold as-is at cost at time of sale.

Commercial Active

Price

^$ 2,400,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Commercial/Industrial

Lot Size

2.01

Year Built

1995

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

80014810

Features

General

Heating Forced Air

Cooling Central A/C

Possession At Close

Roof Asphalt

Water Private Well

Status Active Active

Year Built 1995

Parking Parking Lot

Subdivision None

County Grand Traverse

Class COM/IND/BUS OPP

Type Commercial/Industrial

Business Name Fresh Coast Market

Percent Ownership Private

Municipality Long Lake Twp

Section 11

Zoning Commercial

Commercial Features 3 Phase Power ADA Accessible Security Syetem Owned

Area Long Lake Twp (28008)

Location Corner Lot

Directions Northwest corner of N long Lake Rd and Strait Rd.

City Traverse City

Street Name N Long Lake

Financial Terms Cash Commercial Loan Conventional

Legal Description Lengthy see documents.

DOM 64

Price Per Sq Ft 366.58

Coming Soon The Fresh Coast Market is a Nationally Award Winning Market

Exterior

Exterior Frame Stone Wood

Lot Size Area 2.01

Lot Dimensions 278x407x250x260x32x149

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Kevin Endres

Listing Agent

Three West, Llc

Broker

kendres@threewest.com

Affordability Calculator

$16,765

Per Month

Monthly Principal & Interest: $16,765
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 ^$569,099

Percent of Sale Price 76%

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
2/19/2024	$2,400,000		Listed Price

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7270 N Long Lake Road, Traverse City, MI, 49685 is a Commercial Property for sale at $2,400,000 with 6,547 sqft and a lot size of 2.01. 7270 N Long Lake Road is a studio with 0.0 baths and was built in 1995. The property's zip code is 49685 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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7270 N Long Lake Road

Commercial Property for sale in Traverse City, MI

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