3301 W South Airport Road, Traverse City, MI

$1,200,000

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4,992

Square feet

0.95

Acres

About 3301 W South Airport Road

Superb location! This stand-alone, well maintained 5000 square foot building (two-2500 square foot units) is located directly across from a Grand Traverse Mall entrance and is seen by any that exit there. Located in a prime area with many national tenants and more development on the horizon. Building has had 100% occupancy for 20+ years. Asking price is based on an 8% cap rate. Leases are NNN with CAM adjustable based on expenses. Financials are available to serious inquiries.

Features of 3301 W South Airport Road

MLS® # 1950437
Price $1,200,000
Square Footage 4,992
Acres 0.95
Year Built 1995
Type Commercial
Sub-Type Retail
Status New

Community Information

Address 3301 W South Airport Road
Subdivision Grand Traverse Commerce Center
City Traverse City
County Grand Traverse
State MI
Zip Code 49684

Amenities

Parking Common, Parking Lot
Is Waterfront No
Has Pool No

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Has Basement Yes
Basement Crawl Space
Fireplace No

Exterior

Lot Description Business Park
Roof Asphalt
Construction Frame, Vinyl Siding, Brick

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees Freq. Annually

Listing Details

OfficeThe Mitten Real Estate Group

Listing Map

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