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$350,000
4 Beds 2 Baths 1933720 MLS Traverse City BLDG.
This charming 3 to 4 bedroom home features 2 full bathrooms and is conveniently located within a short walk of beaches, schools, a college, and shopping areas. It is just a block away from Traverse City's vibrant social district. The property boasts a new roof, updated flooring, modern mechanical systems, and stainless steel appliances. You'll find a spacious storage shed and a generously sized fenced yard. The rooms are large, with the option for a main level bedroom or family room (closet needed). It includes a 5-foot crawl space with concrete floors ideal for storage and mechanicals. Central air conditioning ensures comfort on warm days. The interior showcases soft carpeting, and a new washer and dryer are conveniently located on the main level. The large patio area is perfect for grilling and entertaining guests.

521 Hastings Street, Traverse City

$1,000,000
3 Baths 1908084 MLS Traverse City BLDG.
NEW: SELLER OFFERING OWNER FINANCING WITH 25% DOWN. INTEREST AT OR BELOW CURRENT COMMERCIAL RATES! Restaurant ready for your creativity! This building has all the bells and whistles to get your creative juices flowing. Just bring your chef or your apron and get started! Included in the sale: 36" flat top, 6 burner 36" gas range-single oven, Bakers Pride Double Oven, 36" Wolf Grill, Lots of cooling equipment + walk-in freezer and fridge. Appx 20 feet of hoods with make-up air and Ansul. Prep tables for days + 6' salad station with Turbo Air-3 doors and 2 upper compartments. Four compartment warming table-62", ice machine, soda fountain and bar. All this and more included in the sale plus 3-Phase electric already installed!! Liquor license, cabaret license and Sunday AM & PM license as well as outdoor license included with sale. Call Listing agent for complete list of FFE. All equipment is sold as-is and buyer will need to perform their own due diligence once under contract

1500 N US-31 N, Traverse City

$420,000
2 Baths 1900720 MLS Traverse City BLDG.
She's not that pretty... but some of the best investments start out that way! If you have vision there is opportunity here... Perfect live-work opportunity! Under zoning ordinance it appears that you can truly create a mixed use property with living space on the upper floor and office/work space on the lower floor. The building was originally a model home for a custom home builder so most of the necessities for living in the space are already there. Ideal Opportunity! MORE GREAT NEWS!! Your business could be based out of this high visibility location (traffic count = 13360 vehicles/day on average)! If you can't use all of the space rent it out and offset your business expenses...or invest in the building. When building is fully utilized as a rental with qualified tenants it will make a tidy profit. The property consists of appx. 7759 square feet Gross Building Area (GBA). There are 2 buildings on the property- an office building consisting of approximately 4559 Square Feet and a light industrial building with appx. 3200 total rentable square feet in 2 units. The light industrial building has propane heat in one unit and that unit also has a large mezzanine. All of this on 1.38 Acres. Potential/Pro-forma rate of capitalization= 9.9% Pro-forma ROI without Appreciation = ~24.01% and with modest appreciation of 1.5% annual over 30% ROI May be potential for value - add by adding additional pole-barn type structures to the lot and offering them for rent or renting space on the lot for shrink wrapped boats or?

2464 S M-37, Traverse City