274 N US Highway 31 S

274 N US Highway 31 S, Traverse City, MI 49685

  • For Sale $2,175,000
  • Property Type Retail - Street Retail
  • Property Size 8,250 SF
  • Lot Size 2.9 Acre
  • Year Built 1983
  • Date Updated Mar 14, 2024
Northeast corner of the intersection of N US 31 S and Sundowner Dr.Highly visible, 2.89 acre Parcel with 414 feet of frontage on US 31 South and 304 feet on Sundowner Drive. Large open retail building with great visibility and easy ingress/egress on US-31. The building is 7,104 Sq Ft with additional 1,146 Sq Ft on second level for a total of 8,250 Sq Ft. Four 14’ X14’ overhead doors in rear of building. 16’ ceiling height. Mezzanine offices overlook sales floor. Nicely remodeled. Plenty of parking with tremendous space for outside display. US 31 South had 24,758 cars per day in 2022. Currently leased to two tenants with an annual rental income of $158,244 NNN. One Tenant is leaving and the other can be moved. Ready for a new tenant or owner occupied use.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • High Visibility
  • 414 ft US 31 Frontage
  • 16 ft Ceilings
  • 4-14’ X14' overhead doors

Contacts

broker

David J. Frost

Three West Commercial

(231) 929-2955

Location

Getting Around

  • Walk Score ®

    24/100 Car-Dependent
  • Bike Score ®

    39/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Traverse City, MI
  • Zip Code 49685

Points of Interest

  • Marathon

    0.63 miles

  • Shell

    1.24 miles

  • Family Fare Quickstop

    1.25 miles

  • Sam's Club

    2.04 miles

  • Shell

    2.26 miles

  • Speedway

    2.33 miles

  • Mutual Service Station

    2.38 miles

  • Shell

    2.42 miles

  • Blarney Castle Fleet Fuel

    3.02 miles

  • Holiday

    3.34 miles

  • Optimist Cabin Property Trailhead

    1.70 miles

  • Emerald Creek Apartments Resident Parking

    2.50 miles

  • Miller Creek Nature Reserve Resurrection Life Church Trailhead

    2.74 miles

  • Lot K

    4.68 miles

  • Long Term Parking

    4.84 miles

  • Long Term Parking

    4.88 miles

  • Lot C

    4.88 miles

  • Short Term Parking

    4.89 miles

  • Lot B

    4.98 miles

  • Old Town Parking Deck

    5.07 miles

  • KFC

    0.10 miles

  • Culver's

    0.38 miles

  • Taco Bell

    1.04 miles

  • Burger King

    1.17 miles

  • McDonald's

    1.18 miles

  • Jet's Pizza

    1.32 miles

  • China Lee

    1.32 miles

  • Cracker Barrel

    1.99 miles

  • La Senorita

    2.17 miles

  • Applebee's

    2.20 miles

  • Family Fare

    1.22 miles

  • Macy's

    2.42 miles

  • ALDI

    2.43 miles

  • JCPenney

    2.46 miles

  • TJ Maxx

    2.49 miles

  • Grand Traverse Mall

    2.49 miles

  • Target

    2.60 miles

  • Oryana West

    2.81 miles

  • Walmart Supercenter

    2.83 miles

  • Buffalo Ridge

    2.91 miles

Frequently Asked Questions

What is the lease rate for 274 N US Highway 31 S?

Rental asking rate at 274 N US Highway 31 S is $1,087,500.00/YR.

What is the total square footage of 274 N US Highway 31 S?

274 N US Highway 31 S totals 8,250 square feet.

When was this property built?

274 N US Highway 31 S was built in 1983.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker

broker

David J. Frost

Three West Commercial

(231) 929-2955