Completely unobstructed sunset views over East Grand Traverse Bay are enjoyed all year long at Gold Coast Inn! 26 cash-flowing units are for sale all together, each renting separately very well but with upside opportunity too! Each has its own keypad for entry, and the building is keypad secure as well. Being just East of downtown Traverse City, this property rents really well. The entire property has just been remodeled, each unit is fully furnished and turnkey, and the common areas on each floor look terrific. There is a large dining room and commercial kitchen on the main floor, lovely lobby entry area, an elevator, and a back porch on the main floor and an expansive front porch overlooking the bay on each floor. Fiber optic internet is installed and ready! The Traverse Area Recreation Trail (TART) is just out the back door to ride all over the area, into Traverse City, up to Acme, or over to Suttons Bay! This investment is fully optimized and ready for you - this one's tough to beat!
Rare opportunity in downtown Traverse city, with commercial HR zoning, a large 63 unit building and a large property - a block from the public beach! This property was originally developed as a hotel (with 70 units), operated as senior living for many years, and is now ready for a new owner to create apartments, condos, operate as a hotel or long term care facility, or to create something all their own. With a large commercial kitchen, huge dining room, many common lounges, on-site commercial laundry, fiber optic internet installed and ready, a lovely back patio, expansive grounds and nicely outfitted units, this property has many things going well! There is potential to easily add up to seven additional units within the current building, and the property and building size could allow for added amenities too. This is an exciting property - bring your creativity!
Rare opportunity in downtown Traverse city, with commercial HR zoning, a large 63 unit building and a large property - a block from the public beach! This property was originally developed as a hotel (with 70 units), operated as senior living for many years, and is now ready for a new owner to create apartments, condos, operate as a hotel or long term care facility, or to create something all their own. With a large commercial kitchen, huge dining room, many common lounges, on-site commercial laundry, fiber optic internet installed and ready, a lovely back patio, expansive grounds and nicely outfitted units, this property has many things going well! There is potential to easily add up to seven additional units within the current building, and the property and building size could allow for added amenities too. This is an exciting property - bring your creativity!
Completely unobstructed sunset views over East Grand Traverse Bay are enjoyed all year long at Gold Coast Inn! 26 cash-flowing units are for sale all together, each renting separately very well but with upside opportunity too! Each has its own keypad for entry, and the building is keypad secure as well. Being just East of downtown Traverse City, this property rents really well. The entire property has just been remodeled, each unit is fully furnished and turnkey, and the common areas on each floor look terrific. There is a large dining room and commercial kitchen on the main floor, lovely lobby entry area, an elevator, and a back porch on the main floor and an expansive front porch overlooking the bay on each floor. Fiber optic internet is installed and ready! The Traverse Area Recreation Trail (TART) is just out the back door to ride all over the area, into Traverse City, up to Acme, or over to Suttons Bay! This investment is fully optimized and ready for you - this one's tough to beat!
Here is a unique Investment Opportunity to own a portion of Traverse City's premier mixed-use Class A Professional property, the Harbour View Centre building. Located directly across from West Grand Traverse Bay, the units are uniquely designed with unobstructed views of the water, some with private balconies. Located just on the edge of the Warehouse District, it is only a minutes walk to downtown. The site provides ample on-site parking for the buildings tenants and customers, which include anchor tenants Independent Bank and Merrill Lynch. The sale includes 3 condominium units (1, 2 &5) located on the 1st floor (Independent Bank) and 3rd floor (Merrill Lynch) of the building. The NOI is an average of the base rent over the terms of the leases.
Here is a unique opportunity to own a portion of Traverse City's premier mixed-use Class A Professional property, the Harbour View Centre building. Located directly across from West Grand Traverse Bay, the unit is uniquely designed with unobstructed views of the water with a private patio for entertaining. Located just on the edge of the Warehouse District, it is only a minutes"" walk to downtown. The site provides ample on-site parking for the building""s owner, tenants, and customers, which include anchor tenants Independent Bank and Merrill Lynch. The sale includes 1 condominium unit (Unit 3D to be created) which is located on the 2nd Floor with 3 other professional office suites. The total size of the Unit will be approximately 3,705 SF. The space can be converted to a Residential Use with Condominium Association Approval. Sale is subject to revision and amendment of the Condominium documents and associated Exhibit B drawings. Use Exclusions exist for Financial Institutions.
Here is a unique opportunity to own a portion of Traverse City's premier mixed-use Class A Professional property, the Harbour View Centre building. Located directly across from West Grand Traverse Bay, the unit is uniquely designed with unobstructed views of the water with a private balcony. Located just on the edge of the Warehouse District, it is only a minutes"" walk to downtown. The site provides ample on-site parking for the building""s owner, tenants, and customers, which include anchor tenants Independent Bank and Merrill Lynch. The sale includes 1 condominium unit (Unit 3C to be created) which is located in the northeast corner of the 2nd Floor with two sides of windows providing an abundance of natural light. The total size of the Unit will be approximately 3,967 SF. The space can be converted to a Residential Use with Condominium Association Approval. Sale is subject to revision and amendment of the Condominium documents and associated Exhibit B drawings. Use Exclusions exist for Financial Institutions.
Here is a unique opportunity to own a portion of Traverse City's premier mixed-use Class A Professional property, the Harbour View Centre building. Located directly across from West Grand Traverse Bay, the unit is uniquely designed with unobstructed views of the water with a private balcony. Located just on the edge of the Warehouse District, it is only a minutes walk to downtown. The site provides ample on-site parking for the buildings owner, tenants and customers, which include anchor tenants Independent Bank and Merrill Lynch. The sale includes 1 condominium unit (Unit 3B to be created) which is located on the 2nd Floor with 3 other professional office suites. The total size of the Unit will be approximately 2,200 SF. The space can be converted to a Residential Use with Condominium Association Approval. Sale is subject to revision and amendment of the Condominium documents and associated Exhibit B drawings. Use Exclusions exist for Financial Institutions.
Here is a unique Investment Opportunity to own a portion of Traverse City's premier mixed-use Class A Professional property, the Harbour View Centre building. Located directly across from West Grand Traverse Bay, the units are uniquely designed with unobstructed views of the water, some with private balconies. Located just on the edge of the Warehouse District, it is only a minutes walk to downtown. The site provides ample on-site parking for the buildings tenants and customers, which include anchor tenants Independent Bank and Merrill Lynch. The sale includes 3 condominium units (1, 2 &5) located on the 1st floor (Independent Bank) and 3rd floor (Merrill Lynch) of the building. The NOI is an average of the base rent over the terms of the leases.
Here is a unique opportunity to own a portion of Traverse City's premier mixed-use Class A Professional property, the Harbour View Centre building. Located directly across from West Grand Traverse Bay, the unit is uniquely designed with unobstructed views of the water with a private patio for entertaining. Located just on the edge of the Warehouse District, it is only a minutes walk to downtown. The site provides ample on-site parking for the buildings owner, tenants, and customers, which include anchor tenants Independent Bank and Merrill Lynch. The sale includes 1 condominium unit (Unit 3D to be created) which is located on the 2nd Floor with 3 other professional office suites. The total size of the Unit will be approximately 3,582 SF. The space can be converted to a Residential Use with Condominium Association Approval. Current tenants lease for this space runs through 12/31/2023. Sale is subject to revision and amendment of the Condominium documents and associated Exhibit B drawings. Use Exclusions exist for Financial Institutions.
Here is a unique opportunity to own a portion of Traverse City's premier mixed-use Class A Professional property, the Harbour View Centre building. Located directly across from West Grand Traverse Bay, the unit is uniquely designed with unobstructed views of the water with a private balcony. Located just on the edge of the Warehouse District, it is only a minutes walk to downtown. The site provides ample on-site parking for the buildings owner, tenants, and customers, which include anchor tenants Independent Bank and Merrill Lynch. The sale includes 1 condominium unit (Unit 3C to be created) which is located in the northeast corner of the 2nd Floor with two sides of windows providing an abundance of natural light. The total size of the Unit will be approximately 3,967 SF. The space can be converted to a Residential Use with Condominium Association Approval. Current tenants lease for this space runs through 12/31/2023. Sale is subject to revision and amendment of the Condominium documents and associated Exhibit B drawings. Use Exclusions exist for Financial Institutions.
Here is a unique opportunity to own a portion of Traverse City's premier mixed-use Class A Professional property, the Harbour View Centre building. Located directly across from West Grand Traverse Bay, the unit is uniquely designed with unobstructed views of the water with a private balcony. Located just on the edge of the Warehouse District, it is only a minutes walk to downtown. The site provides ample on-site parking for the buildings owner, tenants and customers, which include anchor tenants Independent Bank and Merrill Lynch. The sale includes 1 condominium unit (Unit 3B to be created) which is located on the 2nd Floor with 3 other professional office suites. The total size of the Unit will be approximately 2,200 SF. The space can be converted to a Residential Use with Condominium Association Approval. Current tenants lease for this space runs through 12/31/2023. Sale is subject to revision and amendment of the Condominium documents and associated Exhibit B drawings. Use Exclusions exist for Financial Institutions.
Well established Traverse City bakery with a loyal following. Fully equipped and ready for new owner. Current owner is ready to retire. Will sell business including an extensive equipment list and a lease for the property. This is a great opportunity for an existing bakery or new owners with their own recipes and craft.
Well established Traverse City bakery with a loyal following. Fully equipped and ready for new owner. Current owner is ready to retire. Will sell business including an extensive equipment list and a lease for the property. This is a great opportunity for an existing bakery or new owners with their own recipes and craft.
Industrial investment opportunity! This offering is for a sale-leaseback opportunity at a 9% CAP Rate. Building has undergone extensive upgrades and features over 40,000 SF with ceiling heights up to 24' and 22,000 SF with ceilings up to 20'. Building has newer fire suppression system, heavy duty electric, multiple truck wells and loading docks, lunch room, multiple bathrooms and 3-4 offices. Business will lease building back on NNN lease for 3 years with 1 year option.
Industrial investment opportunity! This offering is for a sale-leaseback opportunity at a 9% CAP Rate. Building has undergone extensive upgrades and features over 40,000 SF with ceiling heights up to 24' and 22,000 SF with ceilings up to 20'. Building has newer fire suppression system, heavy duty electric, multiple truck wells and loading docks, lunch room, multiple bathrooms and 3-4 offices. Business will lease building back on NNN lease for 3 years with 1 year option.
This property is located at the SE corner of Division Street (US-31) and Third Street on the west side of Traverse City. Great location with high visibility! It currently has 8 units with a strong rental history. Zoned C-1 with R-3 District uses. Built in 1967, this office building has had various updates over the years including two new rooftop AC units and boiler in 2005, renovated common area and bathrooms in 2018. Professional landscaping and brand new exterior within the last few years.
This property is located at the SE corner of Division Street (US-31) and Third Street on the west side of Traverse City. Great location with high visibility! It currently has 8 units with a strong rental history. Zoned C-1 with R-3 District uses. Built in 1967, this office building has had various updates over the years including two new rooftop AC units and boiler in 2005, renovated common area and bathrooms in 2018. Professional landscaping and brand new exterior within the last few years.
THE ICONIC WURZBURG BUILDING IS NOW ON THE MARKET! Located on the most desirable 2 blocks of downtown Traverse City with over 9,000 SF between 3 floors. Handsome facade of natural wood with bay windows extended onto Front Street and a designated crosswalk in front of the building. The brick exteriors and interior add to the charm of this architectural gem. The brick interior walls could be rerevealed. With 10ft + ceilings it is prime for developing the upper floors. The full basement, not included in the 9045 SF, provides storage and space for mechanicals. There are (3) private parking spaces sitting behind the building. Ample parking exists behind the building in both metered lots and parking spaces. The space is zoned C-4Bfor commercial or residential use.
THE ICONIC WURZBURG BUILDING IS NOW ON THE MARKET! Located on the most desirable 2 blocks of downtown Traverse City with over 9,000 SF between 3 floors. Handsome facade of natural wood with bay windows extended onto Front Street and a designated crosswalk in front of the building. The brick exteriors and interior add to the charm of this architectural gem. The brick interior walls could be rerevealed. With 10ft + ceilings it is prime for developing the upper floors. The full basement, not included in the 9045 SF, provides storage and space for mechanicals. There are (3) private parking spaces sitting behind the building. Ample parking exists behind the building in both metered lots and parking spaces. The space is zoned C-4Bfor commercial or residential use.
Large vacant parcel very close to town ready to be developed, with 215' of frontage on Cedar Run Road. Currently zoned R1 "" One-Family Residential. Next door property is zoned C-G General Commercial. 3.75 Acres with some wet lands. Rezoning has been discussed by Garfield Township but never pursued beyond initial discussion. May be possible to rezone the front leaving the back of the property residential.
Large vacant parcel very close to town ready to be developed, with 215' of frontage on Cedar Run Road. Currently zoned R1 One-Family Residential. Next door property is zoned C-G General Commercial. 3.75 Acres with some wet lands. Rezoning has been discussed by Garfield Township but never pursued beyond initial discussion. May be possible to rezone the front leaving the back of the property residential.
Prime Traverse City Commercial property. Located just south of the busy South Airport & Garfield intersection only minutes from Costco, Cherry Capitol Airport, and downtown. Currently operating as a dog grooming business, this Duell Rd Business Park location has easy access just off the beaten path. Well maintained building would be suitable for a variety of business endeavors. Private parking lot, beautifully landscaped, fenced kennel area, and 12x14 storage building. Interior features solid oak cabinets, trim, and doors, and tile flooring throughout. Great location in an area experiencing tremendous growth. Real estate only. Business not included.
Here is an opportunity to purchase and develop a large 0.63 Acre commercial parcel on US-31 at the gateway to beautiful downtown Traverse City, one of the country's most desirable Midwest locations. US-31 is the main East-West Corridor through the Grand Traverse Region, known for its beaches on crystal blue waters, wineries, breweries, restaurants and many outdoor activities. The property consists of three separate lots, two vacant and one with an existing office building remaining. The adjacent property is also available for sale for an additional 1.25 Acres of land that can be combined with this offering for a major development piece.
Here is an opportunity to purchase and develop a large 0.63 Acre commercial parcel on US-31 at the gateway to beautiful downtown Traverse City, one of the country's most desirable Midwest locations. US-31 is the main East-West Corridor through the Grand Traverse Region, known for its beaches on crystal blue waters, wineries, breweries, restaurants and many outdoor activities. The property consists of three separate lots, two vacant and one with an existing office building remaining. The adjacent property is also available for sale for an additional 1.25 Acres of land that can be combined with this offering for a major development piece.