939 US-31 S, Traverse City, MI 49685

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Sold Price
$1,990,000
List Price
$1,990,000

Property Description

Prime corner location with traffic signal and high traffic counts. This 11,180 SF former Rite Aid sits on the intersection of US-31/US-37 & Beitner Roads with traffic counts of 24,758 and 17,989 respectively. Building is on 1.5 acres with plenty of parking. This would be a great location for a single business or for a developer looking to split the building into multiple units. There is a drive-through lane on the north end of the building. Owner would consider financing the purchase for 2 years at 6% interest for a well qualified buyer with a $500k down payment.

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Listing Courtesy of Coldwell Banker Schmidt-522. 231-929-2300

Selling Office: Coldwell Banker Schmidt-522.