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939 US-31 S Traverse City, MI 49685
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Key Details
Sold Price $1,990,000
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 11,180 sqft
Price per Sqft $177
MLS Listing ID 80013141
Sold Date 04/29/24
Year Built 1996
Lot Size 1.490 Acres
Acres 1.49
Lot Dimensions see attached
Property Description
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.
Location
State MI
County Grand Traverse
Area Blair Twp (28002)
Zoning Professional Office,Commercial
Interior
Heating Forced Air
Cooling Central A/C
Exterior
Garage Parking Lot
Roof Type Metal
Building
Water Public Water
Structure Type Brick,Stucco
Others
Ownership Private
Energy Description Natural Gas
Acceptable Financing Seller
Listing Terms Seller
Financing Cash,Commercial Loan,Exchange/Trade
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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Bought with Coldwell Banker Schmidt-522
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