939 S Us-31 Traverse City, MI $ 5,000,000
939 S Us-31
$ 5,000,000
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939 S Us-31

Traverse City, MI, 49685
$ 5,000,000
Bedrooms-- Baths-- Sq 11,900

Monthly Estimate*

$ 31,571

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Commercial Property for sale in Traverse City, MI

for $5,000,000. This 11,900 square foot building was built in 1996 on a lot size of 1.47.

Prime commercial opportunity in Traverse City. Located on the high-visibility US-31 corridor at 939 US Highway 31 S, GT Liquor offers an established retail footprint serving the greater Grand Traverse region. The operation features a dedicated beer cave, walk-in commercial refrigeration, an extensive selection of spirits and craft beer, specialty barrel picks, and DoorDash delivery. The property also offers dedicated parking and flexible operating hours. Seller reports facility updates completed in 2024. The land and building are offered for $4.5 million. The business is available separately for an additional $500,000, with inventory valued at closing. Business financials are available after execution of a nondisclosure agreement. A gas station may be a potential additional use. Blair Township’s Commercial Manufacturing district allows gasoline filling stations with a special-use permit, subject to township review and approval. Buyers should confirm the parcel’s zoning and the feasibility of their proposed layout directly with Blair Township.

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Commercial Active

Price

$ 5,000,000

Property Type

Commercial

Taxes

$ 44,158

Style

Commercial/Industrial

Lot Size

1.47

Year Built

1996

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

80073699

Features
General
Heating Forced Air Hot Water
Possession At Close
Roof Other-See Remarks
Water Public Water
Status Active Active
Year Built 1996
Parking 21+ Spaces Parking Lot
Subdivision Chums Corners
County Grand Traverse
Class COM/IND/BUS OPP
Type Commercial/Industrial
Business Name GT Liquor
Ownership Private
Municipality Traverse City
Section 5
Zoning Commercial
Sale/Rent For Sale
Status Detail 0
Commercial Features Bath
Area Traverse City (28021)
Location Corner Lot
Directions NE Corner of Beitner and 31
City Traverse City
Financial Terms Cash Commercial Loan Exchange/Trade
Legal Description COM SW SEC COR FOR POB TH N 400' TH E 250' TH S 400' TH W 250' TO POB SEC 4 T26N R11W HIGHWAY EASEMENT RECORDED 2004R-20155 SBC EASEMENT RECORDED 2004R-20156 PUBLIC UTILITY LINE EASEMENT - SEWER RECOR
DOM 13
Price Per Sq Ft Total AG 420.17
Public Remarks Prime commercial opportunity in Traverse City. Located on the high-visibility US-31 corridor at 939 US Highway 31 S
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Exterior
Lot Size Area 1.47
Lot Dimensions 253*375*47*326*118
Roads Private Road
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* Excluded Features
List By
Gurpreet Singh

Listing Agent

Real Estate One Gaylord

Broker

Kevmacro97@gmail.com

Email

Affordability Calculator

$35,250
Per Month
90%
10%
0%
Monthly Principal & Interest
$31,571
Monthly Property Taxes
$3,680
Monthly Home Insurance
--
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
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/18/2026$5,000,000 Listed Price

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939 S Us-31, Traverse City, MI, 49685 is a Commercial Property for sale at $5,000,000 with 11,900 sqft and a lot size of 1.47. 939 S Us-31 was built in 1996. The property's zip code is 49685 which is in Traverse City, MI