$4,250,000 SALE
30,336 SF
1525-1545 S Division Street
Traverse City, MI 49684 US

Great opportunity to own a 30,336 sq. ft. strip mall in fantastic location in Traverse City. This is also in the Opportunity Zone offering tax incentives to tenants and buyers. Strong mix of local and national franchise tenants include SVS Vision, T-Mobile, Biggby Coffee & Little Caesars Pizza. This offering is for Buildings A, B & C (units 101-122), but each building is also for sale individually and can be condominiumized prior to closing. Buildings B & C are fully leased and A has 12,000 SF available for the buyer to use, lease or redevelop at closing. This strip mall offers great exposure and an easy to find location. Good parking and high traffic counts.

Property Type Retail
Year Built 2001
MLS ID 1866113
Style Other Style
Building Size 30,336 SF
Lot Size 3.5 SF
Available Date Aug 15th, 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
Water: Well
Heating - Fuel Type: Gas
Road Type: City / Town Street
Age: 11-20 Years Old
Exterior Description: Brick
Lot Size: 2-5 Acres
Heating Type: Forced Air
Cooling: Central A/C
Roof: Metal Roof
Area Demographics