1525-1545 S Division Street, Traverse City

$4,250,000

0 Beds
0 Baths
30,336 Sqft
3½ Acres
0 Garages

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.

Essential Information
MLS® #1866113
Price$4,250,000
Bathrooms0.00
Square Footage30,336
Acres3.50
Year Built2001
TypeCommercial
StatusActive
Sub-Type

Retail/Commercial, Commercial Sale

Community Information
Address1525-1545 S Division Street
SubdivisionKids Creek Market Place
CityTraverse City
CountyGrand Traverse
StateMichigan
Zip Code49684
Amenities
FeaturesNone
Utilities

WATER: Municipal Water SEWER: Municipal

Parking

Parking Lot, Paved, Shopping Center

Interior
BasementSlab
Heating

Natural Gas, Forced Air, Central Air

Exterior
Exterior FeaturesBrick
Lot DescriptionIrregular
RoofMetal
ConstructionBrick, Block
Additional Information
Date ListedAugust 15th, 2019
Days on Market37
Zoning

Office, Retail, Commercial, Restaurant/Food

Listing Details
OfficeColdwell Banker Schmidt-522
Office Address522 E Front St
Property History
Status Changed from New to Active

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The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright © Northern Great Lakes REALTORS® MLS. All Rights Reserved.

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