1251-1253 South Airport Road
Traverse City, MI 49686

$1,300,000

Description

Great location with great visibility on busy South Airport Road! With approximately half of the space leased and half of the space available for a new user, this well-established property is suitable for either an investor or an owner-occupier. The high local traffic counts (36,000 cars/day), the great frontage along South Airport (nearly 200), the buildings prominence (extends farther toward the road than surrounding buildings), and the allowable signage, all combine to make this an eye-catching location in this active commercial area. Neighboring retailers include national fast food restaurants, local retailers, and a shopping center. Less than one-quarter mile from the intersection with Garfield Rd. *Real estate only, business not for sale* Subject to tenant's rights.

Details

MLS#1862373
StyleRetail
Sub-TypeResale
StatusActive
Year1984
Days On Site80

Features

SQ Feet11,638
Story(s)1
ZoningCommercial

Market Activity 49686

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Area Information

StateMI
CountyGrand Traverse
CityTraverse City
Zip Code49686
AreaGrand Traverse
Listing VS Median (in 49686)
Price:
$1,300,000
low | high
Med:
$279,500
100% of Average
SqFt:
11,638
low | high
Med:
840
100% of Average
$ / SqFt:
$112
low | high
Med:
$333
100% of Average
On Site:
80
low | high
Med:
99
80.808080808081% of Average
Listing Updated: 08/24/2019
MLS Number: 1862373
Listing Provided By:
Stevenson 1300000  of  EXIT Realty Paramount
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