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Ken Weaver

231-668-6303
  • MLS® #: 1862221
  • 1545 S Division Street Bldg C/units 115-122

  • Traverse City, Michigan 49684
  • $1,740,789 REDUCED
  • 11435 SQ. Feet, 3.50 Acres
  • Commercial

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

Essential Information

  • MLS® #1862221
  • Price$1,740,789
  • Bathrooms0.00
  • Square Footage11,435
  • Acres3.50
  • Year Built2001
  • TypeCommercial
  • StatusActive

Sub-Type

Retail/Commercial, Commercial Sale

Community Information

  • SubdivisionKid's Creek Marketplace
  • CityTraverse City
  • TownshipTraverse City
  • CountyGrand Traverse
  • StateMichigan
  • Zip Code49684

Address

1545 S Division Street Bldg C/units 115-122

Amenities

  • FeaturesNone

Utilities

WATER: Municipal Water SEWER: Municipal

Parking

Paved, Parking Lot, Shopping Center

Interior

  • BasementSlab

Heating

Natural Gas, Forced Air, Central Air

Exterior

  • Exterior FeaturesBrick
  • Lot DescriptionIrregular
  • RoofMetal
  • ConstructionBrick, Block

Additional Information

  • Days on Market167
  • Ownership TypePrivate Owner
  • OfficeColdwell Banker Schmidt-522
  • Office Address522 E Front St

Zoning

Office, Retail, Commercial, Restaurant/Food

Property Location

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The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright © Northern Great Lakes REALTORS® MLS. All Rights Reserved.