939 Us-31 S, Traverse City, Michigan

$1,990,000

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11,180

Square feet

1.49

Acres

About 939 Us-31 S

Prime corner location with traffic signal and high traffic counts. This 11,180 SF former Rite Aid sits on the intersection of US-31/US-37 & Beitner Roads with traffic counts of 24,758 and 17,989 respectively. Building is on 1.5 acres with plenty of parking. This would be a great location for a single business or for a developer looking to split the building into multiple units. There is a drive-through lane on the north end of the building. Owner would consider financing the purchase for 2 years at 6% interest for a well qualified buyer with a $500k down payment.

Features of 939 Us-31 S

MLS® # 1917744
Price $1,990,000
Bathrooms 0.00
Square Footage 11,180
Acres 1.49
Year Built 1996
Type Commercial
Sub-Type Retail/Commercial, Commercial Sale
Status Pending
Association N/A

Community Information

Address 939 Us-31 S
Subdivision N/A
City Traverse City
County Grand Traverse
State Michigan
Zip Code 49685

Amenities

Utilities WATER: Municipal Water SEWER: Municipal
Features None
Parking Paved, Parking Lot
Is Waterfront No

Interior

Heating Natural Gas, Forced Air, Central Air
Has Basement No
Basement Poured Concrete

Exterior

Exterior Features Brick, Stucco/Drivit
Lot Description see attached
Roof Metal, Metal/Steel, Membrane
Construction Brick

Additional Information

Date Listed November 21st, 2023
Days on Market 157
Zoning Office, Retail, Commercial, Restaurant/Food, Motel/Hotel
Short Sale No
RE / Bank Owned No

Listing Details

OfficeColdwell Banker Schmidt-522

Listing Map

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