2751 N Us-31 S, Traverse City, MI

$2,200,000

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7

Baths

13,550

Square feet

1.28

Acres

About 2751 N Us-31 S

An outstanding opportunity to own a highly visible, income-producing commercial property on one of Traverse City’s busiest corridors. This multi-tenant building sits directly on South US-31, offering excellent exposure, high traffic counts, and convenient access for customers and tenants alike. The building is currently configured into four separate units. Two units are tenant-occupied and generating rental income, while the remaining two are vacant and ready for immediate use. This setup makes the property ideal for an investor looking for immediate cash flow with additional leasing upside, or for an owner-occupant who can take advantage of the vacant space while earning income from the rented units. The property features ample on-site parking, prominent signage opportunities, and a flexible layout that accommodates a range of uses, including office, retail, or service-based businesses. Located just minutes from downtown Traverse City in a well-established commercial area, this is a rare chance to acquire a versatile and revenue-generating asset in one of Northern Michigan’s most active and desirable business corridors.

Features of 2751 N Us-31 S

MLS® # 1933364
Price $2,200,000
Bathrooms 7.00
Square Footage 13,550
Acres 1.28
Year Built 1954
Type Commercial
Sub-Type Retail/Commercial
Status Active

Community Information

Address 2751 N Us-31 S
Subdivision metes and bounds
City Traverse City
County Grand Traverse
Province MI
Postal Code 49684

Amenities

Utilities Municipal Water
Features 3-Phase Electric, Sprinkler System, Mezzanine, 18ft Ceiling Height, Other
Parking Paved, Parking Lot
Is Waterfront No
Has Pool Yes

Interior

Heating Natural Gas,Mutiple Units,Forced Air,Central Air,Other
Fireplace No
Has Basement No
Basement Slab

Exterior

Exterior Features Stucco/Drivit
Lot Description 187X298
Windows Not Applicable
Roof Membrane
Construction Frame

Additional Information

Date Listed May 7th, 2025
Days on Market 3
Zoning Commercial
Short Sale No
RE / Bank Owned No

Listing Details

Office3142

Listing Map

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