For Sale Active

1525-1545 S Division Street Map / directions

Traverse City, MI

49684 Market info

$4,250,000

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  • MLS# 1866113
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800-871-9992

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248-208-3883

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.

Property Information

Status
Active 
Address
1525-1545 S Division Street 
City
Traverse City 
Zip
49684 
Year Built
2001 
Listing Date
08/16/2019 
County
Grand Traverse 
Possession
At Closing,Subj 
Parking
Paved,Parking Lot,Shopping Center 
Price/SqFt
140.1 

Features

Current Use
Restaurant/Food Service,Office Building,Retail Store 
Features
None 
Zoning
Commercial, Office, Restaurant/Food, Retail 
Water
Municipal Water 
Sub Property Type
Retail/Commercial 
Licenses
None 
Exterior Features
Brick 
Cooling
Central Air, Forced Air, Natural Gas 
Heating
Central Air, Forced Air, Natural Gas 

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  • Market Statistics
  • Property History
  • Schools Information
  • Local Business
Market Statistics
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
1866113 Active Aug 16 2019 12:45PM $4,250,000 189
School Information
Local Business

Learn More About This Listing

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

800-871-9992

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

Listing Broker

MITAAR Logo

Listing Courtesy of Coldwell Banker Schmidt-522
Office Address 522 E Front St

Real Estate One Family of Companies

1525-1545 S Division Street Traverse City
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$4,250,000
For Sale • Acres: 3.5 • Zoning: Office,Retail,Commercial,Restaurant/Food