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3311 South Airport Rd - Retail/Office Unit

3,936 SF Office/Retail Condo Unit Offered at $850,000 in Traverse City, MI 49684

Property Facts

Price $850,000
Unit Size 3,936 SF
No. Units 1
Total Building Size 3,936 SF
Property Type Retail (Condo)
Property Subtype Storefront Retail/Office
Sale Type Owner User
Floors 2
Typical Floor Size 1,968 SF
Year Built 1999
Lot Size 0.09 AC
Parking Ratio 10/1,000 SF
Opportunity Zone Yes

1 Unit Available

Unit 1

Unit Size 3,936 SF
Price $850,000
Price Per SF $215.96
Condo Use Office/Retail
Sale Type Owner User
APN/Parcel ID 28-05-291-001-00
Description

Great retail or office location with good visibility and easy ingress and egress from South Airport Road. Stand-alone building is comprised of 2 units that are currently being used as one 3,936 SF store, but could easily be divided back into two units. Each side has its own bathroom and access to the lower level which is comprised of storage and some finished office space. Lower level could be finished off and have its own entrance from the south parking lot if a deck/staircase was added. New roof and french drains in 2022. Located directly across from Grand Traverse Mall and has plenty of parking for customers. Neighboring uses include retail stores, beauty salon, professional services, healthcare, and retail banking. Offered well below assessor's true cash value of $1,059,400.

Sale Notes

Great retail or office location with good visibility and easy ingress and egress from South Airport Road. Stand-alone building is comprised of 2 units that are currently being used as one 3,936 SF store, but could easily be divided back into two units. Each side has its own bathroom and access to the lower level which is comprised of storage and some finished office space. Lower level could be finished off and have its own entrance from the south parking lot if a deck/staircase was added. New roof and french drains in 2022. Located directly across from Grand Traverse Mall and has plenty of parking for customers. Neighboring uses include retail stores, beauty salon, professional services, healthcare, and retail banking. Offered well below assessor's true cash value of $1,059,400.

Nearby Major Retailers

Applebee's
Fifth Third Bank
Starbucks
Chili's Grill & Bar
Red Lobster
Huntington National Bank
Buffalo Wild Wings
WW
Planet Fitness
ALDI
  • Listing ID: 30833153

  • Date on Market: 1/31/2024

  • Last Updated:

  • Address: 3311 South Airport Rd, Traverse City, MI 49684

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