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Yacht Haven Building 12930 S West Bay Shore Dr
6,500 SF 100% Leased Retail Building Traverse City, MI 49684 £1,329,575 (£205/SF) 7.50% Net Initial Yield
Investment Highlights
- Excellent location right off of the water.
Executive Summary
Property Facts
Amenities
- Restaurant
- Signage
- Tenant Controlled HVAC
- Air Conditioning
About 12930 S West Bay Shore Dr , Traverse City, MI 49684
Fully furnished building with fantastic views overlooking West Grand Traverse Bay, located on a high visibility corner of a main traffic artery to downtown Traverse City, typically seeing an average of 24,000 cars per day. Building is currently occupied with multi-office tenants on the 2nd level, and The Burrow restaurant on the main floor, which has been fully renovated. Tenants will remain. Excellent investment for the commercial property investor.
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Miller Embury PLLC
- Professional, Scientific, and Technical Services
- 600 SF
- -
- -
- Tuscan Bistro
- Accommodation and Food Services
- 1,800 SF
- -
- -
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
| Miller Embury PLLC | Professional, Scientific, and Technical Services | 600 SF | - | - | ||
| Tuscan Bistro | Accommodation and Food Services | 1,800 SF | - | - |
PROPERTY TAXES
| Parcel Number | 004-028-114-00 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £474,646 |
PROPERTY TAXES
-
Robert Brick -
Teddy Lockwood -
RE/MAX Bayshore Properties
Presented by
Yacht Haven Building | 12930 S West Bay Shore Dr
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