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$ 2,390,000
Est. payment /mo
Active
2751 N US-31 S Garfield, MI 49684
13,550 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 13,550 sqft
Price per Sqft $176
Subdivision Meets And Bounds
MLS Listing ID 78080072766
Year Built 1954
Lot Size 1.280 Acres
Acres 1.28
Property Description
Exceptional investment opportunity in one of Traverse City’s most highly visible commercial corridors. This fully occupied, multi-tenant commercial property is strategically located on US-31 in Garfield Township, next to Red Lobster and across from Chick-fil-A. The property is currently leased to four established tenants, all operating under newer or recently renewed leases with annual rent increases. All leases are true triple-net (NNN), providing an attractive, stabilized investment opportunity with predictable income growth. Excellent visibility, strong traffic counts, convenient access, and a highly desirable location surrounded by established national and local businesses. Rent roll and additional financial information available to qualified buyers upon request.
Location
State MI
County Grand Traverse
Area Area28041Garfieldtwp
Interior
Heating Electric, Forced Air, Heat Pump, Natural Gas, Zoned
Cooling Central Air, Heat Pump
Fireplace No
Exterior
Parking Features ParkingLot
Utilities Available ElectricityConnected, NaturalGasConnected
View Y/N No
Building
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Traverse City
Others
Acceptable Financing Cash, Other, Trade1031Exchange
Listing Terms Cash, Other, Trade1031Exchange
Special Listing Condition Standard
©2026 Realcomp II Ltd. Shareholders
Listed by David G Cutler of Twin Bay Properties, LLC
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