3750-3760 US-31 S, Traverse City MI 49684 Photo 1 3750-3760 US-31 S, Traverse City MI 49684 Photo 2 3750-3760 US-31 S, Traverse City MI 49684 Photo 3 3750-3760 US-31 S, Traverse City MI 49684 Photo 4 3750-3760 US-31 S, Traverse City MI 49684 Photo 5 3750-3760 US-31 S, Traverse City MI 49684 Photo 6 3750-3760 US-31 S, Traverse City MI 49684 Photo 7 3750-3760 US-31 S, Traverse City MI 49684 Photo 8 3750-3760 US-31 S, Traverse City MI 49684 Photo 9 3750-3760 US-31 S, Traverse City MI 49684 Photo 10 3750-3760 US-31 S, Traverse City MI 49684 Photo 11

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3750-3760 US-31 S - This 4.6- acres on US 31 South and currently includes 2 buildings with tenants and 5 leases storage units. One of the buildings and the storage units are leased on a month to month basis and the other building is leased until 2020. These two properties can be bought separately, together, or could be open to other ownership opportunities. This property is within a designated Opportunity Zone created by the Tax Act of 2017. Opportunity Zone designation allows for deferral of capital gains taxes, reduction of capital gains taxes, or elimination of taxes on future gains within certain parameters.

Listing information

  • MLS® ID: 1848402
  • Status: Sale Pending
  • New Construction: No
  • Lot Area: 4.59 Acres
  • Style: Retail / Hospitality / Service
  • Stories: 0
  • Foreclosure: No
  • Lot Size: Irregular
  • Year Built: 1966
  • Parking Type Description: Surface / Paved 0 cars
  • Total Square Footage: 10,448 ($229.71 per sq. foot)
  • County: Grand Traverse

Features

Business Incl No
CONSTRUCTION Block
Deeded Waterfront No
DOCUMENTS ON FILE None
ECO Features No
EXTERIOR FEATURES Block, Brick
Extras None
FOUNDATION Slab
HEATING/COOLING SOURCE Natural Gas
HEATING/COOLING TYPE Central Air, Forced Air
Inventory Incl No
LICENSES None
LOCATION Freestanding
Other Business Name - Na, Development Name - Na
PARKING Parking Lot
POSSESSION Subject to Tenants Rights
PRESENT USE Office Building
Real Estate Incl Yes
ROAD Public Maintained
ROOF Membrane
SEWER Municipal
TERMS Cash, Commercial Loan, Conventional Mortgage
UNIVS DESIGN/BARRIER FREE None
Vacant Land No
WATER Municipal Water
ZONING Commercial, Office, Retail
Listing Courtesy of Mark Eckhoff of Three West, Llc 1131 E. Eighth Street Traverse City Mi 49686