This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

1237 Hastings St

9,800 SF 100% Leased Industrial Building Traverse City, MI 49686 $795,000 ($81/SF)

Investment Highlights

  • 18 ft Ceilings/1-18’w by 14’ h door/3-10’ w by 12’ h doors
  • 3000+/- SF of Airconditioned Offices
  • 4 Bathrooms with Municipal sewer and water
  • Multiple electric panels throughout with sections separately metered
  • Central Location- Industrial Zoning - Many Uses (C1/C2 included)
  • Approximately 24 paved parking spaces

Executive Summary

9,800 sq ft Traverse City building centrally located on the corner of Hastings and Boon. Approximately 3,000 sq ft of airconditioned offices. Industrial Zoning stepped to allow most less intense uses including office and retail. 18 ft ceilings with one 18’ X 14’ tall overhead door and three 10’ X 12’ tall overhead doors. Multiple electrical panels throughout. Paved parking for 24 cars. Also available for lease.

Property Facts Under Contract

Price $795,000
Price Per SF $81
Sale Type Investment or Owner User
Sale Conditions
Lease Option
  • High Vacancy Property
Property Type Industrial
Property Subtype
Warehouse
  • Flex Showroom
  • Industrial Distribution
  • Office Office Live Work Unit
Building Class C
Lot Size 0.89 AC
Rentable Building Area 9,800 SF
No. Stories 1
Year Built 1968
Parking Ratio 2.45/1,000 SF
Clear Ceiling Height 18 FT
No. Drive In / Grade-Level Doors 4

Amenities

  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
51-786-154-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$416,900

zoning

Zoning Code C1/C2 (Commercial)
C1/C2 (Commercial)
  • Listing ID: 32614748

  • Date on Market: 7/29/2024

  • Last Updated:

  • Address: 1237 Hastings St, Traverse City, MI 49686

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}