120 S Park St - Restaurant FOR SALE


Traverse City, MI 49684- Downtown Traverse City
$1,350,000 USD
231-357-7800
120 S Park St, Traverse City, MI for Sale
$1,350,000 USD
Restaurant - FOR SALE
1/45
null | Request Cap Rate

120 S Park St
Traverse City, MI 49684
Downtown Traverse City


OVERVIEW

Spectacular development parcel located in the heart of Downtown Traverse City. Property zoned C4-C allowing for maximum height and density. Existing building was being used as a micro brewery and could be re-established, turned back to restaurant as hoods, vents and walk in cooler are included. Would make a great office building, retail store or prime for redevelopment as the building lot is 7,392 sq.ft. with minimum setbacks and no parking required.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$386 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1956

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

Commercial

APN/PARCEL ID

51-794-078-00

ASK ABOUT THIS PROPERTY

Dave CutlerTwin Bay Properties, LlcMore Info
231-357-7800

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Dave CutlerTwin Bay Properties, LlcMore Info
231-357-7800

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