- For Sale $7,500,000
- Property Type Retail
- Property Size 101,386 SF
- Year Built 1977
- Date Updated Jul 1, 2026
Description
High-visibility commercial property located in the Cherryland Center at the prominent corner of Garfield Avenue and South Airport Road. This 101,386 square foot commercial building offers exceptional flexibility for a wide range of experience, entertainment, recreational, warehouse, automotive, or redevelopment opportunities. Part of the building has a long-term lease in place with K1 Speed, the property also offers extensive additional space for leasing, owner occupancy, or redevelopment. Designed to accommodate high-capacity experience operations, the facility features 20-foot ceilings and a functional layout that includes multiple semi and shop bays. Infrastructure highlights include three 10-foot overhead doors and one 8-foot overhead door in the semi bays, along with a separate shop area offering one 12-foot overhead door and six additional 10-foot overhead doors, providing excellent access, workflow efficiency, and adaptability for a variety of uses. The property offers 459 on-site parking spaces, strong surrounding experienced business synergy, and outstanding visibility along one of Traverse City's busiest commercial corridors. A rare opportunity to acquire a highly adaptable commercial asset in a premier location with significant long-term value and redevelopment potential.
Highlights
- On the corner of Garfield Ave and South Airport Road
- Exterior Description Concrete Block
- Fireplace Description Electric
- General Ceiling Fan(s)
- Heating Fuel Type Gas
- Heating Type Forced Air
- Road Type City Town Street
- Roof Rubber
- Water Municipal Water
False
Contacts
Mark Hagan
Coldwell Banker Schmidt Realtors
Location
Contact Listing Broker
Mark Hagan
Coldwell Banker Schmidt Realtors