About 2751 N Us-31 S
Exceptional investment opportunity in one of Traverse City’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.
Features of 2751 N Us-31 S
| MLS® # | 1949731 |
|---|---|
| Price | $2,390,000 |
| Bathrooms | 7.00 |
| Square Footage | 13,550 |
| Acres | 1.28 |
| Year Built | 1954 |
| Type | Commercial |
| Sub-Type | Retail |
| Status | Active |
Community Information
| Address | 2751 N Us-31 S |
|---|---|
| Subdivision | Meets and Bounds |
| City | Traverse City |
| County | Grand Traverse |
| State | MI |
| Zip Code | 49684 |
Amenities
| Parking | Common, Paved, Parking Lot |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Heat Pump, Forced Air, Natural Gas |
|---|---|
| Cooling | Central Air, Ductless, Zoned, Electric, Multi Units |
| Has Basement | No |
| Fireplace | No |
Exterior
| Lot Description | Freestanding |
|---|---|
| Roof | Membrane |
| Construction | Block, Other, Frame, Stucco/Drivit |
| Foundation | Slab |
Additional Information
| Days on Market | 3 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees Freq. | Annually |
Listing Details
| Office | Twin Bay Properties, LLC |
|---|