Property Listing No Longer Available for Sale

1525-1545 S Division Street

Traverse City, MI

Retail for Sale - $4,250,000 - 30,336 Sq. Ft. on 0 acres


Property Info

CIMLS#1055379
Location
  1525-1545 S Division Street
  Traverse City MI 49684
UpdatedMay 11th, 2020
TypeRetail
Price$4,250,000
Building30,336 Sq. Ft.
Land0 acres

Property Description

Great opportunity to own a 30,336 sq. ft. strip mall in fantastic location in Traverse City. This is also in the Opportunity Zone offering tax incentives to tenants and buyers. Strong mix of local and national franchise tenants include SVS Vision, T-Mobile, Biggby Coffee & Little Caesars Pizza. This offering is for Buildings A, B & C (units 101-122), but each building is also for sale individually and can be condominiumized prior to closing. Buildings B & C are fully leased and A has 12,000 SF available for the buyer to use, lease or redevelop at closing. This strip mall offers great exposure and an easy to find location. Good parking and high traffic counts.


Financials


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