$505,000
$549,000
8.0%For more information regarding the value of a property, please contact us for a free consultation.
6,400 SqFt
SOLD DATE : 03/25/2022
Key Details
Sold Price $505,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 6,400 sqft
Price per Sqft $78
MLS Listing ID 78001329452
Sold Date 03/25/22
Originating Board Aspire North REALTORS®
Year Built 1999
Lot Size 0.850 Acres
Acres 0.85
Lot Dimensions 142'x300'
Property Description
INCOME PROPERTY - This high-visibility building located along the high-traffic corridor of US-31 is the perfect opportunity for a passive investment property or a tenant-user investment property. The two-story building consists of two 3,200 sqft units that can be devised into additional units. Two tenants are currently in place, one month-to-month and another in a formal lease. The building is well-maintained with recent interior upgrades.
Location
State MI
County Grand Traverse
Area Blair Twp
Zoning Commercial
Interior
Heating Forced Air
Heat Source Natural Gas
Exterior
Pool No
Roof Type Asphalt
Building
Sewer Septic Tank (Existing)
Water Well (Existing)
Structure Type Frame,Vinyl
Schools
School District Traverse City
Others
Tax ID 280200500911
Ownership Private Owned
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Financing Cash,Conventional,Other
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Bought with Three West, LLC