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About This Home

This 0-bedroom, 0-bathroom commercial at 274 N US-31 S in Traverse City, MI is listed for $1,985,000 ($241 per sqft). Built in 1983, the home offers 8,250 sqft of living space on a 2.90 acres lot.

Agent Description

Highly visible, 2.89 acre Parcel with 414 feet of frontage on US 31 South and 304 feet on Sundowner Drive. Large open retail building with great visibility and easy ingress/egress on US-31. The building is 7,104 Sq Ft with additional 1,146 Sq Ft on second level for a total of 8,250 Sq Ft.

Four 14’ X14’ overhead doors in rear of building. 16’ ceiling height. Mezzanine offices overlook sales floor. Nicely remodeled. Plenty of parking with tremendous space for outside display. US 31 South had 25,600 cars per day in 2023. Currently leased to two tenants with an annual rental income of $158,244 NNN. One Tenant is leaving and the other can be moved. Ready for a new tenant or owner occupied use.

Key Features

  • Built in 1983
  • 2.90 acre lot

Property Details

1983

Amenities

Basement

Monthly Cost Estimate

$10,616/mo

20% down · 6.5% · 30 years

Principal$1,436
Interest$8,602
Insurance$579

Estimates only. Actual payments may vary.

Location

274 N US-31 S

Traverse City, MI 49685

Property Details

Heating

Forced Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 274 N US-31 S is listed at $1,985,000 ($241/sqft). The estimated monthly payment is $8,602 based on 20% down at 6.5% interest.

Key features include: Built in 1983, 2.90 acre lot.

This property is listed by David Frost and can be reached at 2319292955 or dfrost@threewest.com.

DF

David Frost

Agent at Three West, LLC

(231) 929-2955

Listed by Three West, LLC · View on Broker Site

MLS# 1918655· Source: listhub· Updated 819 days ago

Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

274 N US-31 S, Traverse City, MI 49685

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