44.746044 -85.63677

1535 S Division Street #Bldg B/Units 110-114 Traverse City, MI 49684

241418004 44.746044 -85.63677 2311 /listing/241418004-150071606/1535-s-division-street-no-bldg-bunits-110-114-traverse-city-mi-49684 False 0 907623.0 5128 101 1862265 False
  • $907,623
  • 5,128 sqft
  • 3.50 lot
  • Est payment $4872.32/mo

Property & Neighborhood Info

Courtesy Of Coldwell Banker Schmidt-522, 522 E Front St

Commercial in Traverse City

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.

Courtesy Of Coldwell Banker Schmidt-522, 522 E Front St
  1. 5,128 Sq. Ft.
  2. 3.50 Lot

Main Features

  • Listing Status: Active
  • Year Built: 2001
  • County: Grand Traverse
  • Zoning: Office,Retail,Commercial,Resta
  • Subdivision: Kid's Creek Marketplace
  • MLS Number:1862265

Additional Features

  • Cooling/Heating:
    • Natural Gas
  • Extras:
    • None
  • Business Name:
    • Kid's Creek Marketplace
  • Construction:
    • Block
    • Brick
  • Location:
    • Freestanding
    • Shopping Center
  • Occupied:
    • Yes
  • Property Type:
    • Retail/Commercial
  • Roof:
    • Metal
  • Basement:
    • Slab
  • Exterior:
    • Brick
  • Inventory Included:
    • No
  • Land:
    • No
  • Deeded Waterfront:
    • No
  • Parking:
    • Parking Lot
    • Paved
    • Shopping Center
  • Heating/Cooling:
    • Central Air
    • Forced Air
  • Sewer:
    • Municipal
  • Access:
    • Blacktop
    • Public Maintained
  • Handicap Features:
    • No Steps Entry
  • Present Use:
    • Office Building
    • Restaurant/Food Service
    • Retail Store
  • Water:
    • Municipal Water
  • Zoning:
    • Commercial
    • Office
    • Restaurant/Food
    • Retail
  • Documents On File:
    • None
  • Lease Includes:
    • None
  • Legal Description:
    • Partial from Tax Record: LOTS 2-3-4 GATEWAY SUB 01/12/01 COMBINATION RETIRED #589-002-00 AND #589-003-00 CREATED #589-002-01 ADDRESSES OF 1525-1535-1545 QC 09/07/00 L:1435 P:263
  • License:
    • None
  • List Type (Exclusive):
    • Exclusive Right to Sell
  • Sale Includes Business:
    • No
  • Terms:
    • 1031 Exchange
    • Cash
    • Commercial Loan
  • Sign:
    • No
  • Special Conditions:
    • Private Owner
  • MLSSystem ID:
    • TAAR
  • Possession:
    • At Closing
    • Subject to Tenants Rights
  • Total Acres:
    • 3.5
Neighborhood info courtesy of Homes.com © 2019

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Nancy Albrecht
Nancy Albrecht
521 Randolph Street Traverse City MI 49684
request more info.
44.746044 -85.63677

1535 S Division Street #Bldg B/Units 110-114 Traverse City, MI 49684

241418004 44.746044 -85.63677 2311 /listing/241418004-150071606/1535-s-division-street-no-bldg-bunits-110-114-traverse-city-mi-49684 False 0 907623.0 5128 101 1862265 False
  • $907,623
  • 5,128 sqft
  • 3.50 lot
  • Est payment $4872.32/mo