About 2751 N Us-31 S
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.
Features of 2751 N Us-31 S
| MLS® # | 78080072766 |
|---|---|
| Price | $2,390,000 |
| Bathrooms | 0.00 |
| Acres | 1.28 |
| Year Built | 1954 |
| Type | Commercial |
| Status | Active |
Community Information
| Address | 2751 N Us-31 S |
|---|---|
| Area | 28041 - Garfield Twp |
| Subdivision | MEETS AND BOUNDS |
| City | Garfield charter township |
| County | Grand Traverse |
| State | Michigan |
| Zip Code | 49684 |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected |
|---|---|
| Parking | Parking Lot |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Electric, Forced Air, Heat Pump, Natural Gas, Zoned |
|---|---|
| Cooling | Central Air, Heat Pump |
| Fireplace | No |
Exterior
| Construction | Block, Frame, Other, Stucco |
|---|---|
| Foundation | Slab |
School Information
| District | Traverse City |
|---|
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Twin Bay Properties, LLC |
|---|---|
| Contact Info | dave@twinbayproperties.com |