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

> **TL;DR:** commercial, $1,985,000 ($241/sqft), built 1983, 8,250 sqft.
> Basement. Est. $8,602/mo. Listed 819 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,985,000 |
| Price/sqft | $241 |
| Square Feet | 8,250 |
| Year Built | 1983 |
| Lot Size | 126,324 sqft (2.90 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 819 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $8,602 |
| **Total** | **$8,602** |

## Key Amenities

- Basement

## Property Highlights

- Built in 1983
- 2.90 acre lot

## Description

### 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.

## Location

- **Address:** 274 N US-31 S, Traverse City, MI 49685
- **County:** Grand Traverse
- **Coordinates:** 44.6903758207732, -85.6555786931152
- **Google Maps:** https://www.google.com/maps?q=44.6903758207732,-85.6555786931152

## Listing Agent

- **Name:** David Frost
- **Brokerage:** Three West, LLC
- **Phone:** 2319292955
- **Email:** dfrost@threewest.com

## Primary Photo

![274 N US-31 S - Primary Photo](http://lh.rdcpix.com/4eeffcd4f2f0d131dad5470f638cec65l-f1663508960r.jpg)

*14 total photos available on [listing page](https://www.propertysimple.com/listing/274-n-us-31-s-traverse-city-mi-49685-1918655)*

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**MLS#:** 1918655 | **Updated:** 2026-04-24
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/274-n-us-31-s-traverse-city-mi-49685-1918655)

---

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  "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 h",
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