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3566 N US Highway 31 S

13,515 SF Light Industrial Building Traverse City, MI 49684 £1,372,717 (£102/SF)

Investment Highlights

  • Property is located within an Opportunity Zone.
  • Join New Hilton Hotel. A 100 room "TRU" Brand Hotel will anchor the site and will be located behind this parcel to the west.
  • Retail Development Opportunities Available!

Executive Summary

PRICE REDUCED Includes 13,515 square foot auto dealership building. Built in 2001. Building includes retail showroom and private offices, two restrooms, conference room, and lounge. Center of building includes storage/parts area, 7 service bays plus 3 bay oil change area. 18' high. Also includes 1350 square foot basement, 1500 sf mezzanine, custom cabinetry, and fireplace. CH Commercial District. Property is located within an Opportunity Zone. Please ask about tax credits. Retail Development Opportunities Available! Join New Hilton Hotel. A 100 room "TRU" Brand Hotel will anchor the site and will be located behind this parcel to the west. A second hotel started construction in 2022. This property offers an excellent retail opportunity located directly in front of both hotels. Land for Sale or Build to Suit. Sale or Lease.

Property Facts

Price £1,372,717 Rentable Building Area 13,515 SF
Price Per SF £102 Number of Floors 1
Sale Type Owner User Year Built 2001
Sale Conditions Development Sale Tenancy Single
Property Type Light Industrial Parking Ratio 2.29/1,000 SF
Property Subtype Light Distribution Clear Ceiling Height 18 ft
Building Class C Level Access Doors 10
Lot Size 2.04 AC Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price £1,372,717
Price Per SF £102
Sale Type Owner User
Sale Conditions Development Sale
Property Type Light Industrial
Property Subtype Light Distribution
Building Class C
Lot Size 2.04 AC
Rentable Building Area 13,515 SF
Number of Floors 1
Year Built 2001
Tenancy Single
Parking Ratio 2.29/1,000 SF
Clear Ceiling Height 18 ft
Level Access Doors 10
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 13,515 SF
  • Light Industrial
  • Full Build-Out
  • Now

Includes 13,515 sq. ft. Auto Dealership building built in 2001 with 18' high retail showroom, private offices, 2 restrooms, conference room, lounge; storage/parts area, 7 service bays, & 3 oil change bays; 1350 sq. ft. basement; 1500 sq. ft. mezzanine; custom cabinetry; fireplace

Space Size Space Use Condition Available
1st Floor 13,515 SF Light Industrial Full Build-Out Now

1st Floor

Size
13,515 SF
Space Use
Light Industrial
Condition
Full Build-Out
Available
Now

1st Floor

Size 13,515 SF
Space Use Light Industrial
Condition Full Build-Out
Available Now

Includes 13,515 sq. ft. Auto Dealership building built in 2001 with 18' high retail showroom, private offices, 2 restrooms, conference room, lounge; storage/parts area, 7 service bays, & 3 oil change bays; 1350 sq. ft. basement; 1500 sq. ft. mezzanine; custom cabinetry; fireplace

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3566 N US Highway 31 S, Traverse City, MI - aerial map view

PROPERTY TAXES

Parcel Number 05-016-016-65 Improvements Assessment £0
Land Assessment £0 Total Assessment £686,908

PROPERTY TAXES

Parcel Number
05-016-016-65
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£686,908

zoning

Zoning Code CI (Commercial Improved)
CI (Commercial Improved)
(231) 932-1700 x230

  • Listing ID: 21536989

  • Date on Market: 18/11/2020

  • Last Updated:

  • Address: 3566 N US Highway 31 S, Traverse City, MI 49684

The Light Industrial Property at 3566 N US Highway 31 S, Traverse City, MI 49684 is currently available For Sale. Contact GA Snowden Associates for more information.

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© 2024 CoStar Group

3566 N US Highway 31 S
(231) 932-1700 x 230

3566 N US Highway 31 S

Jerry Snowden

(231) 932-1700

x230

(231) 932-1700 x230

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