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305 US Highway 31 S 3,840 SF 5% Leased Retail Building Traverse City, MI 49685 $675,000 ($175.78/SF)
INVESTMENT HIGHLIGHTS
- Highest local traffic count (US-31S)
- Flexible commercial zoning
- Corner lot for maximum visibility
EXECUTIVE SUMMARY
High-visibility corner lot on US-31, at the intersection of US-31S and Foster Dr. now available for sale. Blair Township's CM zoning allows a large variety of commercial uses, and the high traffic count (over 25,000 cars/day) and corner lot ensure maximum exposure for your business. The current buildings will be available at closing and include a 1,440-sqft retail/office building and a 2,400-sqft pole building. Whether using the existing buildings or redeveloping with a new vision, this well-positioned property is worth a look!
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,840 SF
Building Class
C
Year Built
1964
Price
$675,000
Price Per SF
$175.78
Percent Leased
5%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.08
Lot Size
1.15 AC
Zoning
CM
Frontage
200’ on US Highway 31 S
AMENITIES
- 24 Hour Access
- Corner Lot
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Size: 6,050 SF on 1.15 Acres (2,400 SF with Drive-through - Lease Pending)
| Space | Size | Space Use | Position | Available |
| 1st Floor | 3,650 SF | Retail | - | Oct 2026 |
1st Floor
| Size |
| 3,650 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Oct 2026 |
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Floor
| Size | 3,650 SF |
| Space Use | Retail |
| Position | - |
| Available | Oct 2026 |
Size: 6,050 SF on 1.15 Acres (2,400 SF with Drive-through - Lease Pending)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 02-004-014-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $252,500 |
PROPERTY TAXES
Parcel Number
02-004-014-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$252,500
1 of 22
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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305 US Highway 31 S
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