> 49686
> 1133 W South Airport Rd

1133 W South Airport Rd

Traverse City, Michigan, 49686, United States

Property ID: #908839 // commercial
1133 W South Airport Rd
Traditional Sale
List Price:
Icon 10,996 ft²
Icon 0.86 acres
Icon - beds
Icon - baths
1133 W South Airport Rd
Traverse City
Zip Code:
Grand Traverse
Big Apple Bagels Building
United States
Property Type:
Additional Property Types:
Year Built:
Property Size:
10,996 ft²
Lot Size:
0.86 acres
Data Source:
Michigan Multiple Listing Service (MiRealSource)
MLS/Reference Number(s):
Source Status:
Source Property Type:
Commercial, Business

Property Provided By

  • Daniel Stiebel
  • Coldwell Banker Schmidt-522
  • +1 (888) 662-1020
Connect with a local buyer's rep to get up to
$8,700 cashback!

Property Information

Investment property with excellent visibility on a main traffic artery in Traverse City. This retail strip mall is 100% leased to three established retail and business tenants. Current tenants include Big Apple Bagels, Anavon Technology, and Thai Kitchen. Building set up for 3-5 suite configuration allows for great flexibility for future tenants. Deeded parking easement on property to the east for additional parking. Offered at a 7.4% Cap rate, but owner actually gets 8% including management fee (easy to manage). Current rates are below market leaving upside potential as leases mature.

Source Disclaimer

Michigan Multiple Listing Service (MiRealSource)

Listing Information © 2024 MiRealSource Inc. All Rights Reserved.
Courtesy of Coldwell Banker Schmidt-522.
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
This content last updated on 2023-08-10 07:01:04. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Other Properties in the Area