851 S Garfield Avenue Traverse City, MI ^$ 995,000

851 S Garfield Avenue

^$ 995,000

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Recently Listed

851 S Garfield Avenue

Traverse City, MI, 49686

^$ 995,000

Studio Baths0.0 Sq 5,133

Monthly Estimate*

^$ 6,950

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Studio

Commercial Property for sale in Traverse City, MI

for $995,000. This 5,133 square foot building was built in 1978 on a lot size of 0.44.

If you are looking for a commercial location that is centrally located in Traverse City, in a bustling strip mall complex, close to the airport, sports venues, near multiple new housing complexes, with an average 21,000 cars passing by every day, look no further. The building is 5,133 square feet making it perfect for multiple uses including restaurant, micro brewery, amusement/recreation services, equipment rental, medical services, finance services, pet boarding/grooming, repair services and much more. Inside, you'll find a fully equipped kitchen, booths, tables, chairs, bar area, banquet space and outside patio. The sale also comes with a class C liquor license. The building has a capacity of 190 people. Schedule a tour today.

Commercial Active

Price

^$ 995,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Business

Lot Size

0.44

Year Built

1978

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

80017290

Features

General

Heating Forced Air

Cooling Central A/C

Possession At Close

Water Public Water

Status Active Active

Year Built 1978

Parking 21+ Spaces Parking Lot

Subdivision BACH SHOPS CONDOMINIUMS MI

County Grand Traverse

Class COM/IND/BUS OPP

Type Business

Business Name Your Business Here

Percent Ownership Private

Municipality Traverse City

Section 2

Zoning Commercial

Commercial Features ADA Accessible Bath Fixtures Other

Area Traverse City (28021)

Primary City Traverse City

Location Corner Lot Shopping Center

Directions Corner of Garfield Ave and Centre St

City Traverse City

Street Name Garfield

Financial Terms Cash Commercial Loan

Legal Description UNIT 10 OF BACH SHOPS CONDOMINIUMS

DOM 8

Postal Code 49686

Price Per Sq Ft 193.84

Coming Soon If you are looking for a commercial location that is centrally located in Traverse City in a bustling strip mall complex close to the airport sports venues near multiple new housing complexes

Exterior

Exterior Frame

Lot Size Area 0.44

Lot Dimensions 385 x 297

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Thomas Cronin

Listing Agent

Traverse Real Estate

Broker

traverserealestate@gmail.com

Affordability Calculator

$6,950

Per Month

Monthly Principal & Interest: $6,950
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Traverse City, MI

Average List Price ^$599,568

Percent of Sale Price 40%

About Traverse City, MI

15,817 Population

7% Since 2002

^$49,237 Median Income

41.86 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/7/2024	$995,000		Listed Price

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851 S Garfield Avenue, Traverse City, MI, 49686 is a Commercial Property for sale at $995,000 with 5,133 sqft and a lot size of 0.44. 851 S Garfield Avenue is a studio with 0.0 baths and was built in 1978. The property's zip code is 49686 which is in Traverse City, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

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851 S Garfield Avenue

Commercial Property for sale in Traverse City, MI

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