56
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$7,500,000
Est. payment /mo
101,386 SqFt
Active
1212 W South Airport Road Traverse City, MI 49686
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Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 101,386 sqft
Price per Sqft $73
Subdivision Mi
MLS Listing ID 80069477
Year Built 1977
Lot Size 8.480 Acres
Acres 8.48
Lot Dimensions irregular
Property Sub-Type Business
Property Description
High-visibility commercial property located in the Cherryland Center at the prominent corner of Garfield Avenue and South Airport Road. This 101,386 square foot commercial building offers exceptional flexibility for a wide range of experience, entertainment, recreational, warehouse, automotive, or redevelopment opportunities. Part of the building has a long-term lease in place with K1 Speed, the property also offers extensive additional space for leasing, owner occupancy, or redevelopment. Designed to accommodate high-capacity experience operations, the facility features 20-foot ceilings and a functional layout that includes multiple semi and shop bays. Infrastructure highlights include three 10-foot overhead doors and one 8-foot overhead door in the semi bays, along with a separate shop area offering one 12-foot overhead door and six additional 10-foot overhead doors, providing excellent access, workflow efficiency, and adaptability for a variety of uses. The property offers 459 on-site parking spaces, strong surrounding experienced business synergy, and outstanding visibility along one of Traverse City's busiest commercial corridors. A rare opportunity to acquire a highly adaptable commercial asset in a premier location with significant long-term value and redevelopment potential.
Location
State MI
County Grand Traverse
Area Garfield Twp (28005)
Zoning Professional Office,Commercial
Interior
Heating Forced Air, Hot Water
Exterior
Parking Features 100+ Spaces, Parking Lot
Building
Foundation Slab
Water Public Water
Structure Type Block,Steel
Others
Ownership Private
Energy Description Electric,Natural Gas
Financing Cash,Commercial Loan,Conventional,Exchange/Trade
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Coldwell Banker Schmidt Traverse City
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