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Ken Weaver

  • MLS® #: 1864183
  • 963 W Commerce Drive

  • Traverse City, Michigan 49685
  • $875,000
  • 15538 SQ. Feet, 1.77 Acres
  • Commercial

Investment property with 7 heated shop/warehouse spaces and one 936 sf office unit in great location just off US 31 northwest of Chums Corner. 12% cap rate at current market rents. Most units have some office buildout. 3-Phase power available. Roof replaced in 2017. US 31 access from both W Commerce Dr and Chums Village Dr. Each shop unit has at least one overhead door. One 2,080 sf unit is currently available (see MLS #1860749) and additional units could be made available for occupancy by a buyer. Commercial Manufacturing zoning allows for a variety of uses.

Essential Information

  • MLS® #1864183
  • Price$875,000
  • Bathrooms0.00
  • Square Footage15,538
  • Acres1.77
  • Year Built1994
  • TypeCommercial
  • Sub-TypeIncome, Commercial Sale
  • StatusActive U/C Taking Backups

Community Information

  • Address963 W Commerce Drive
  • SubdivisionN/A
  • CityTraverse City
  • TownshipBlair
  • CountyGrand Traverse
  • StateMichigan
  • Zip Code49685

Amenities

  • ParkingParking Lot

Utilities

WATER: Municipal Water, Private Well SEWER: Private Septic

Features

Overhead Door(s), 3-Phase Electric

Interior

  • BasementSlab

Heating

Propane Gas, Electric, Space Heater, Window Air Conditioner

Exterior

  • Exterior FeaturesNone
  • Lot Description370 X 207
  • RoofAsphalt
  • ConstructionFrame

Additional Information

  • Days on Market97
  • ZoningOffice, Commercial, Industrial
  • Ownership TypePrivate Owner
  • OfficeThree West, LLC
  • Office Address1131 E. Eighth Street

Property Location

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