Great investment opportunity! 9.5% Cap rate on fully occupied strip mall building in fantastic location in Traverse City. Desirable mix of national and local tenants including T-Mobile & SVS Vision. This offering is for Building C (units 115-122) on the south end of the complex and will be condominiumized prior to closing. Building is approx. 11,435 SF. Building offers great exposure and an easy to find location. Good parking and high traffic counts. Additional buildings for sale, or entire complex for $4,250,000
Retail/Commercial, Commercial Sale
1545 S Division Street Bldg C/units 115-122
WATER: Municipal Water SEWER: Municipal
Paved, Parking Lot, Shopping Center
Natural Gas, Central Air, Forced Air
Commercial, Office, Restaurant/Food, Retail
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