3566 N US-31 S Traverse City, MI $ 1,750,000
3566 N US-31 S
$ 1,750,000
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3566 N US-31 S

Traverse City, MI, 49684
$ 1,750,000
Bedrooms-- Baths-- Sq 13,515

Monthly Estimate*

$ 10,918

3566 N US-31 S, Traverse City, MI 49684 - Image 1
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3566 N US-31 S, Traverse City, MI 49684 - Image 8

Commercial Property for sale in Traverse City, MI

for $1,750,000. This 13,515 square foot building was built in 2001 on a lot size of 1.98.

PRICE REDUCED 13,515 Square Foot Auto Dealership Building. Built in 2001. Building includes retail showroom and private offices, two restrooms, conference room, and lounge. Center of building includes storage/parts area, 7 service bays plus 3 bay oil change area. 18' high. Also includes 1350 square foot basement, 1500 sf mezzanine, custom cabinetry, and fireplace. CH Commercial District. Property is located within an Opportunity Zone. Please ask about tax credits. This property offers an excellent retail opportunity located directly in front of both hotels (see attached diagram). Land for Sale or Build to Suit. Sale or Lease.

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Commercial Active

Price

$ 1,750,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

1.98

Year Built

2001

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

1867624

Features
General
Sewer None
Possession Other
Roof None
Construction Materials None
Year Built 2001
Township Garfield
Property Subtype Retail
Business Type None
Accessibility None
Assoc Fee Paid Per Annually
Business Name Marsh 31 Development LLC
County Grand Traverse
New Construction N
Property Type Commercial Sale
Attached Garage N
Subdivision Name Marsh 31 Development LLC
Garage Y/N N
Building Features None
Rent Includes None
Status Active
Directions Located in Garfield Township approximately 2 miles southwest of downtown Traverse City on the east side of US-31 across from Great Wolf Lodge & Panera Bread.
City Traverse City
Zoning Description Other
Lot Size Units Acres
Lot Size Square Feet 86248.8
Carport Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Lease Considered Y/N N
Living Area Units Square Feet
Standard Status Active
Ownership Type Private Owner
Lease Amount Frequency Annually
Legal Description PRT SW1/4 NE1/4 SEC 16 T27N R11W COM 750.13' S OF NE COR TH S 300.13' TH W 1056.19' TH ON CURVE RIGHT 317.55' (R= 5604.65' CH N 19 DEG 6' E 317.51') TH E 960.9' TO POB.
Freehold IDX
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Exterior
Parking Features None
Water Source None
Lot Size Area 1.98
Foundation Details None
Spa N
Lot Size Acres 1.98
Waterfront Y/N N
Road Frontage Type None
Horse Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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* Excluded Features
List By
G.A. Snowden Associates

Broker

(231) 632-6007

Phone

Affordability Calculator

$10,918
Per Month
100%
0%
0%
Monthly Principal & Interest
$10,918
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
2034270 Elementary School
2034440 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/4/2024$1,750,000 -10.26% Price Down
1/18/2024$1,950,000 Listed Price

Map


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3566 N US-31 S, Traverse City, MI, 49684 is a Commercial Property for sale at $1,750,000 with 13,515 sqft and a lot size of 1.98. 3566 N US-31 S was built in 2001. The property's zip code is 49684 which is in Traverse City, MI