$1,740,789 SALE
Retail
11,435 SF
1545 S Division Street
Traverse City, MI 49684 US



Great investment opportunity! 9.5% Cap rate on fully occupied strip mall building in fantastic location in Traverse City. Desirable mix of national and local tenants including T-Mobile & SVS Vision. This offering is for Building C (units 115-122) on the south end of the complex and will be condominiumized prior to closing. Building is approx. 11,435 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 L2Z3FT
MLS ID 1862221
Style Other Style
Building Size 11,435 SF
Lot Size 3.5 SF
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
Heating Type: Forced Air
Age: 11-20 Years Old
Roof: Metal Roof
Exterior Description: Brick
Road Type: City / Town Street
Cooling: Central A/C
Lot Size: 2-5 Acres
Water: Well
Heating - Fuel Type: Gas
Area Demographics