144 Hall St - Freestanding FOR SALE


Traverse City, MI 49684- Downtown Traverse City
$2,950,000 USD
617-515-9707
144 Hall St, Traverse City, MI for Sale
$2,950,000 USD
Freestanding - FOR SALE
1/29
null | Request Cap Rate

144 Hall St
Traverse City, MI 49684
Downtown Traverse City


HIGHLIGHTS

  • Opportunity for immediate returns and long-term value creation through repositioning or redevelopment.
  • On-site parking and easy access to US-31 and key city thoroughfares.
  • Established multi-tenant marketplace with nine proven occupants generating income.

OVERVIEW

Seize the chance to own a cornerstone of Traverse City’s thriving Warehouse District. The iconic Warehouse MRKT building blends sleek industrial design with a dynamic marketplace environment, housing 9 established tenants in a proven multi-tenant rental model. With soaring ceilings, exposed beams, and an adaptable open floor plan, the property offers exceptional flexibility - whether you envision expanding its beloved local marketplace, establishing a flagship retail concept, or pursuing a unique mixed-use redevelopment. Sitting on three-quarters of an acre with convenient on-site parking, this property offers both stability and untapped potential. As an established pillar of the community, Warehouse MRKT combines character, location, and income potential - making it a rare opportunity to secure a prime asset in one of Traverse City’s most sought-after districts.

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$164 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1926

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.71 AC

LAND SF

30,928 SF

ZONING

Commercial

APN/PARCEL ID

51-658-044-00

ASK ABOUT THIS PROPERTY

Thomas CorbettRE/MAX Bayshore PropertiesMore Info
617-515-9707

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Thomas CorbettRE/MAX Bayshore PropertiesMore Info
617-515-9707

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