2751 N US-31 S Traverse City, MI $ 2,200,000
2751 N US-31 S
$ 2,200,000
Share Save

2751 N US-31 S

Traverse City, MI, 49684
$ 2,200,000
Bedrooms-- Baths7.0 Sq 13,550

Monthly Estimate*

$ 13,725

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
2751 N US-31 S, Traverse City, MI 49684 - Image 7
2751 N US-31 S, Traverse City, MI 49684 - Image 8
2751 N US-31 S, Traverse City, MI 49684 - Image 9
2751 N US-31 S, Traverse City, MI 49684 - Image 10
2751 N US-31 S, Traverse City, MI 49684 - Image 11
2751 N US-31 S, Traverse City, MI 49684 - Image 12

Commercial Property for sale in Traverse City, MI

for $2,200,000 with 7 full baths. This 13,550 square foot building was built in 1954 on a lot size of 1.28.

An outstanding opportunity to own a highly visible, income-producing commercial property on one of Traverse City’s busiest corridors. This multi-tenant building sits directly on South US-31, offering excellent exposure, high traffic counts, and convenient access for customers and tenants alike. The building is currently configured into four separate units. Two units are tenant-occupied and generating rental income, while the remaining two are vacant and ready for immediate use. This setup makes the property ideal for an investor looking for immediate cash flow with additional leasing upside, or for an owner-occupant who can take advantage of the vacant space while earning income from the rented units. The property features ample on-site parking, prominent signage opportunities, and a flexible layout that accommodates a range of uses, including office, retail, or service-based businesses. Located just minutes from downtown Traverse City in a well-established commercial area, this is a rare chance to acquire a versatile and revenue-generating asset in one of Northern Michigan’s most active and desirable business corridors.

See more

Commercial Active

Price

$ 2,200,000

Full Bath

7

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

1.28

Year Built

1954

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

1933364

Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas
Cooling Central Air Multi Units
Possession Negotiable
Roof Membrane
Security Features Fire Sprinkler System
Construction Materials Frame Stucco/Drivit
Year Built 1954
Electric 3-Phase Electric
Township Garfield
Property Subtype Retail
Business Type Auto Service Food & Beverage Health Services Professional/Office Retail Wholesale Professional Service Church Other Convenience Store
Accessibility Main Floor Access
Assoc Fee Paid Per Annually
Business Name None
County Grand Traverse
New Construction N
Property Type Commercial Sale
Attached Garage N
Energy Efficient Not Applicable
Subdivision Name metes and bounds
Garage Y/N N
Building Features Mezzanine 18ft Ceiling Height Other
Green Water Conservation Not Applicable
Rent Includes None
Status Active
Directions West side of US-31 north of S. Airport rd between car wash and Red Lobster
City Traverse City
Zoning Description Commercial
Lot Size Units Acres
Lot Size Square Feet 55756.8
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 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
Freehold IDX
See more
Exterior
Parking Features Paved Parking Lot
Lot Features Freestanding
Water Source Public
Lot Size Area 1.28
Foundation Details Slab
Spa N
Lot Dimensions 187X298
Lot Size Acres 1.28
Road Surface Type Asphalt
Other Parking Paved Parking Lot
Waterfront Y/N N
Road Responsibility Public Maintained Road
Horse Y/N N
See more
Interior
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Total Baths 7
See more
* Excluded Features
List By
Twin Bay Properties, Llc

Broker

(231) 357-7800

Phone

Affordability Calculator

$13,725
Per Month
100%
0%
0%
Monthly Principal & Interest
$13,725
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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
2034270 Elementary School
2034440 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/7/2025$2,200,000 Listed Price

Map


See all

2751 N US-31 S, Traverse City, MI, 49684 is a Commercial Property for sale at $2,200,000 with 13,550 sqft and a lot size of 1.28. 2751 N US-31 S has 7.0 baths and was built in 1954. The property's zip code is 49684 which is in Traverse City, MI