1025 Hannah Ave - Freestanding FOR SALE


Traverse City, MI 49686- Downtown Traverse City
$435,000 USD
231-357-0872
1025 Hannah Ave, Traverse City, MI for Sale
$435,000 USD
Freestanding - FOR SALE
1/4
null | Request Cap Rate

1025 Hannah Ave
Traverse City, MI 49686
Downtown Traverse City


OVERVIEW

Secure this 2,400 square foot commercial building, which is strategically positioned for maximum accessibility and exposure near a highly traveled corridor in Traverse City. The property's significant advantage is its C-2 zoning designation, providing exceptional adaptability for a wide spectrum of business ventures, including the potential for an Adult Use Marihuana Retailer (subject to fulfilling all required municipal licensing and state regulations). This well-outfitted facility is ready for immediate operation, featuring multiple dedicated retail spaces, a private office, and modern amenities designed for both staff and patrons, such as separate half-bathrooms and a convenient kitchenette. Further enhancing its utility is the full security system and a dedicated parking lot, ensuring convenience and peace of mind. This represents an outstanding, versatile opportunity for investors or owner-occupiers seeking a flexible and strategically zoned retail location.Prospective parties are encouraged to verify all permitted uses and regulations via the city's official zoning map at: www.traversecitymi.gov/government/city-departments/planning-and-zoning/zoning-map.html. Showings are by appointment only.

FOR SALE DETAILS

PRICE

$435,000 USD

PRICE/SF

$181 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

B-1

APN/PARCEL ID

51-778-104-10

ASK ABOUT THIS PROPERTY

Heather LavantureCENTURY 21 NorthlandMore Info
231-357-0872

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Heather LavantureCENTURY 21 NorthlandMore Info
231-357-0872

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.