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305 US Highway 31 S 3,840 SF Retail Building Traverse City, MI 49685 $749,000 ($195.05/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
$749,000
Price Per SF
$195.05
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
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
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305 US Highway 31 S
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