$907,623 SALE
5,128 SF
1535 S Division Street
Traverse City, MI 49684 US

Great opportunity to own a strip mall building in fantastic location in Traverse City. Strong national franchise tenants include Biggby Coffee, Little Caesars Pizza & Miracle Ear. 100% occupied and 8.75% cap rate on existing income. This offering is for Building B (units 110-114) in the center of the complex and will be condominiumized prior to closing. Building is approx. 5,128 SF. Building offers great exposure and an easy to find location. Good parking and high traffic counts. Additional buildings for sale, or entire complex for $4,250,000.

Property Type Retail
Year Built 2001
Listing ID 6MCDMH
MLS ID 1862265
Style Other Style
Building Size 5,128 SF
Lot Size 3.5 AC
Available Date Jun 3rd, 2019
Area Description

Directions: On Division St. (US-31) just south of 14th Street on the east side of the road. Adjacent to Wendy's and just north of Meijer.

Property Features
Cooling: Central A/C
Exterior Description: Concrete Block, Brick
Heating - Fuel Type: Gas
Water: Well
Heating Type: Forced Air
Lot Size: 2-5 Acres
Age: 11-20 Years Old
Roof: Metal Roof
Road Type: City / Town Street
Area Demographics