Traverse City, MI 49685,981 N US-31 S
$2,100,000
$2,200,000
4.5%
Est.Price: ?

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7.26 Acres Lot

981 N US-31 S Traverse City, MI 49685

Est. payment /mo
SOLD DATE : 09/21/2021

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Key Details

Sold Price $2,100,000

Property Type Vacant Land

Sub Type Vacant Land

Listing Status Sold

Purchase Type For Sale

Subdivision Mi

MLS Listing ID 1296333

Sold Date 09/21/21

Annual Tax Amount $9,225

Lot Size 7.260 Acres

Acres 7.26

Lot Dimensions 387 X 818 X 387 X 818

Property Sub-Type Vacant Land

Property Description

PRIME COMMERCIAL LOCATION IN TRAVERSE CITY! With 818 feet of road frontage on high traffic US 31 in a growing area of Traverse City offers a highly convenient and visible location. On one end of the property there is a self storage business with 72 rental units in two buildings, fenced & lighted, with plenty of room to expand. There are various sizes of rental units and currently are at 100 percent occupancy. The 7.2 acre setting allows of room to expand the mini storage or start a new commercial endeavor. If you have been thinking about starting your own business or investing in the highly desirable Grand Traverse area-this is the place to be! One mile south of Grand Traverse Mall.

Location

State MI

County Grand Traverse

Area Garfield Twp (28005)

Zoning Multi-Family,Professional Office,Commercial,Industrial,Other

Building

Lot Description Cleared

Water Private Well

Schools

School District Traverse City Area Public Schools

Others

Ownership Private

Acceptable Financing Cash

Listing Terms Cash

Financing Cash,Conventional

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MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by REMAX Of Elk Rapids
Bought with REMAX Of Elk Rapids

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agent

Morgan Beilfuss

Agent | License ID: 6501277052

+1(989) 277-7860

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