For sale

2751 N Us-31 S
Traverse City, MI 49684

$2,390,000

Bathrooms
7
Lot
1.28 acres
Year built
1954
Property type
C
County
Grand Traverse County
MLS #
1949731
Days on market
75

About this home

Exceptional investment opportunity in one of Traverse City’s most highly visible commercial corridors. This fully occupied, multi-tenant commercial property is strategically located on US-31 in Garfield Township, next to Red Lobster and across from Chick-fil-A. The property is currently leased to four established tenants, all operating under newer or recently renewed leases with annual rent increases. All leases are true triple-net (NNN), providing an attractive, stabilized investment opportunity with predictable income growth. Excellent visibility, strong traffic counts, convenient access, and a highly desirable location surrounded by established national and local businesses. Rent roll and additional financial information available to qualified buyers upon request.