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.
Retail/Commercial, Commercial Sale
1535 S Division Street Bldg B/units 110-114
WATER: Municipal Water SEWER: Municipal
Paved, Parking Lot, Shopping Center
Natural Gas, Central Air, Forced Air
Commercial, Office, Restaurant/Food, Retail
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.