$2,390,000

2751 N US-31 S, Traverse City MI, 49684

Price per sqft$176.38

Built in1954

Property size13,550 sqft

Property typeCommercial

Listed by David Cutler with Twin Bay Properties, LLC Listing Contact: 231-357-7800

Overview

Active

Listed Aug 24, 2026

Updated 3 weeks ago

Exceptional investment opportunity in one of Traverse City’s most highly visible commercial corridors. This fully occupied, multi-tenant commercial property is strategically located on US-31 in Garfield Township, next to Red Lobster and across from Chick-fil-A. The property is currently leased to four established tenants, all operating under newer or recently renewed leases with annual rent increases. All leases are true triple-net (NNN), providing an attractive, stabilized investment opportunity with predictable income growth. Excellent visibility, strong traffic counts, convenient access, and a highly desirable location surrounded by established national and local businesses. Rent roll and additional financial information available to qualified buyers upon request.

Additional information

MLS^® ID: 1949731

Interior Features

Bathrooms: 7
Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 1.28 Acres

Other Property Details

Association Fee Frequency: Yearly

Listed by David Cutler with Twin Bay Properties, LLC
Listing Contact: 231-357-7800

The IDX display contains information sourced from the Northern Great Lakes REALTORS® MLS as of 9/17/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 9/17/2026 at 12:32 AM UTC