2751 N Us-31 S Traverse City, MI ^$ 2,390,000

2751 N Us-31 S

^$ 2,390,000

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Recently Listed

2751 N Us-31 S

Traverse City, MI, 49684

^$ 2,390,000

Bedrooms-- Baths-- Sq 13,550

Monthly Estimate*

^$ 15,091

2751 N Us-31 S, Traverse City, MI 49684 - Image 1

2751 N Us-31 S, Traverse City, MI 49684 - Image 2

2751 N Us-31 S, Traverse City, MI 49684 - Image 3

2751 N Us-31 S, Traverse City, MI 49684 - Image 4

2751 N Us-31 S, Traverse City, MI 49684 - Image 5

2751 N Us-31 S, Traverse City, MI 49684 - Image 6

Commercial Property for sale in Traverse City, MI

for $2,390,000. This 13,550 square foot building was built in 1954 on a lot size of 1.28.

Exceptional investment opportunity in one of Traverse CityÃ¢â¬â¢s most highly visible commercial corridors. This fully occupied, multi-tenant commercial property is strategically located on US-31 in Garfield Township, next to Red Lobster and across from Chick-fil-A. The property is currently leased to four established tenants, all operating under newer or recently renewed leases with annual rent increases. All leases are true triple-net (NNN), providing an attractive, stabilized investment opportunity with predictable income growth. Excellent visibility, strong traffic counts, convenient access, and a highly desirable location surrounded by established national and local businesses. Rent roll and additional financial information available to qualified buyers upon request.

Commercial Active

Price

^$ 2,390,000

Property Type

Commercial

Taxes

^$ 0

Style

Commercial/Industrial

Lot Size

1.28

Year Built

1954

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

80072766

Features

General

Heating Forced Air Heat Pump(s) Zoned Heating

Cooling Central A/C Heat Pump(s)

Possession At Close

Water Public Water

Status Active Active

Year Built 1954

Parking Parking Lot

Subdivision Meets and Bounds MI

County Grand Traverse

Class COM/IND/BUS OPP

Type Commercial/Industrial

Business Name G&D Family Investments L

Ownership Private

Municipality Garfield Twp

Section 21

Zoning Commercial

Sale/Rent For Sale

Status Detail 0

Commercial Features 3 Phase Power Bath Other Sprinkler System

Area Garfield Twp (28005)

Primary City Traverse City

Directions From Traverse CIty take US-31 (Division Street) south to just north of Airport Road on West Side next to Red Lobster and across from Chix Filet

City Traverse City

Financial Terms Cash Commercial Loan Exchange/Trade

Legal Description PRT NE 1/4 OF NW 1/4 SEC 21 T27N R11W BEG 462' N OF SE COR TH S 89 DEG 59' W 298.49' TH N 0 DEG 33' W 187.36' TH N 90 DEG E 298.49' TH S 0 DEG 33' E 187.31' TO POB EXC HWY R/W

DOM 3

Postal Code 49684

Price Per Sq Ft Total AG 176.38

Public Remarks Exceptional investment opportunity in one of Traverse CityÃ¢â¬â¢s most highly visible commercial corridors. This fully occupied

Exterior

Exterior Block Frame Other Stucco

Lot Size Area 1.28

Lot Dimensions 187.27' X 298.55'

Interior

Ceiling Height 16-20 Feet Less than 16 Ft.

Fuel Type Electric Natural Gas

* Excluded Features

List By

David Cutler

Listing Agent

Twin Bay Properties, Llc

Broker

dave@twinbayproperties.com

Affordability Calculator

$15,091

Per Month

Monthly Principal & Interest: $15,091
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.49% 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 ^$875,543

Percent of Sale Price 63%

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
8/24/2026	$2,390,000		Listed Price

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2751 N Us-31 S, Traverse City, MI, 49684 is a Commercial Property for sale at $2,390,000 with 13,550 sqft and a lot size of 1.28. 2751 N Us-31 S was built in 1954. The property's zip code is 49684 which is in Traverse City, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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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2751 N Us-31 S

Commercial Property for sale in Traverse City, MI

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