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710 Centre St

Traverse City, Michigan, 49686, United States

Property ID: #908870 // commercial
710 Centre St
Traditional Sale
List Price:
$1,395,000.00
Icon 6,860 ft²
Icon 0.19 acres
Icon - beds
Icon - baths
Address:
710 Centre St
City:
Traverse City
State:
Michigan
Zip Code:
49686
County:
Grand Traverse
Subdivision:
None
Country:
United States
Property Type:
Commercial
Additional Property Types:
Business
Year Built:
1974
Property Size:
6,860 ft²
Lot Size:
0.19 acres
Data Source:
Michigan Multiple Listing Service (MiRealSource)
MLS/Reference Number(s):
80008988
Source Status:
Active
Source Property Type:
Commercial, Business

Property Provided By

  • Bill Somerville
  • Three West, LLC
  • +1 (888) 662-1020
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Property Information

Seven-unit apartment property with great in-town location just off Woodmere and close to Boardman Lake Trail. Each unit is approximately 980 sf and includes a spacious first floor living area with polished concrete floor and high beamed ceiling, loft bedroom and washer/dryer. Tenants pay individually metered utilities. Units work well for live-work, and C-2 zoning allows for commercial rental of units. Zoning allows for one Traverse City Vacation Home Rental license for short term rental and seller has achieved “Super Host†status. Turnkey furnishings and keyless entry for two units included. Excellent condo conversion opportunity. Completely renovated in 2016 to include new roof, HVAC, and appliances. Offered at a 7.2% stabilized cap rate.

Source Disclaimer

Michigan Multiple Listing Service (MiRealSource)

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Courtesy of Three West, LLC.
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This content last updated on 2023-09-11 19:11:37. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.


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