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3566 N US Highway 31 S 13,515 SF Flex Building Traverse City, MI 49684 $2,233,472 CAD ($165.26 CAD/SF)
INVESTMENT HIGHLIGHTS
- Property is located within an Opportunity Zone.
- Join New Hilton Hotel. A 100 room "TRU" Brand Hotel will anchor the site and will be located behind this parcel to the west.
- Retail Development Opportunities Available!
EXECUTIVE SUMMARY
PRICE REDUCED Includes 13,515 square foot auto dealership building. Built in 2001. Building includes retail showroom and private offices, two restrooms, conference room, and lounge. Center of building includes storage/parts area, 7 service bays plus 3 bay oil change area. 18' high. Also includes 1350 square foot basement, 1500 sf mezzanine, custom cabinetry, and fireplace. CH Commercial District. Property is located within an Opportunity Zone. Please ask about tax credits. Retail Development Opportunities Available! Join New Hilton Hotel. A 100 room "TRU" Brand Hotel will anchor the site and will be located behind this parcel to the west. A second hotel started construction in 2022. This property offers an excellent retail opportunity located directly in front of both hotels. Land for Sale or Build to Suit. Sale or Lease.
PROPERTY FACTS
| Price | $2,233,472 CAD | Rentable Building Area | 13,515 SF |
| Price Per SF | $165.26 CAD | No. Stories | 1 |
| Sale Type | Owner User | Year Built | 2001 |
| Sale Condition | Redevelopment Project | Tenancy | Single |
| Property Type | Flex | Parking Ratio | 2.29/1,000 SF |
| Property Subtype | Light Distribution | Clear Ceiling Height | 18’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 10 |
| Lot Size | 2.04 AC | Opportunity Zone |
Yes
|
| Zoning | CI - Commercial Improved | ||
| Price | $2,233,472 CAD |
| Price Per SF | $165.26 CAD |
| Sale Type | Owner User |
| Sale Condition | Redevelopment Project |
| Property Type | Flex |
| Property Subtype | Light Distribution |
| Building Class | C |
| Lot Size | 2.04 AC |
| Rentable Building Area | 13,515 SF |
| No. Stories | 1 |
| Year Built | 2001 |
| Tenancy | Single |
| Parking Ratio | 2.29/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Drive In / Grade-Level Doors | 10 |
| Opportunity Zone |
Yes |
| Zoning | CI - Commercial Improved |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Includes 13,515 sq. ft. Auto Dealership building built in 2001 with 18' high retail showroom, private offices, 2 restrooms, conference room, lounge; storage/parts area, 7 service bays, & 3 oil change bays; 1350 sq. ft. basement; 1500 sq. ft. mezzanine; custom cabinetry; fireplace
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 13,515 SF | Flex | Full Build-Out | Now |
1st Floor
| Size |
| 13,515 SF |
| Space Use |
| Flex |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size | 13,515 SF |
| Space Use | Flex |
| Condition | Full Build-Out |
| Available | Now |
Includes 13,515 sq. ft. Auto Dealership building built in 2001 with 18' high retail showroom, private offices, 2 restrooms, conference room, lounge; storage/parts area, 7 service bays, & 3 oil change bays; 1350 sq. ft. basement; 1500 sq. ft. mezzanine; custom cabinetry; fireplace
PROPERTY TAXES
| Parcel Number | 05-016-016-65 | Improvements Assessment | $0 CAD (2025) |
| Land Assessment | $0 CAD (2025) | Total Assessment | $1,255,490 CAD (2025) |
PROPERTY TAXES
Parcel Number
05-016-016-65
Land Assessment
$0 CAD (2025)
Improvements Assessment
$0 CAD (2025)
Total Assessment
$1,255,490 CAD (2025)
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3566 N US Highway 31 S
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