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Ken Weaver

  • MLS® #: 1862265
  • 1535 S Division Street Bldg B/units 110-114

  • Traverse City, Michigan 49684
  • $907,623 REDUCED
  • 5128 SQ. Feet, 3.50 Acres
  • Commercial

Great opportunity to own a strip mall building in fantastic location in Traverse City. Strong national franchise tenants include Biggby Coffee, Little Caesars Pizza & Miracle Ear. 100% occupied and 8.75% cap rate on existing income. This offering is for Building B (units 110-114) in the center of the complex and will be condominiumized prior to closing. Building is approx. 5,128 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® #1862265
  • Price$907,623
  • Bathrooms0.00
  • Square Footage5,128
  • Acres3.50
  • Year Built2001
  • TypeCommercial
  • StatusActive U/C Taking Backups

Sub-Type

Retail/Commercial, Commercial Sale

Community Information

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

Address

1535 S Division Street Bldg B/units 110-114

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.