13561 S West-Bay Shore Drive $4,600,000

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    13561 S West-Bay Shore Drive Traverse City, MI 49684

    • 2.26 Acres
    • Commercial
    MLS# 1812485 | Sold Co-op Member

    $4,600,000

    Days On Market: 41 0 Views
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    Property Details

    Here is your opportunity to own a prime office building located only 5 minutes from downtown Traverse City with a pre-approval for 150 slip marina. The Grand Traverse area at the present time has a 10 year wait list with 500 boats on the list. This stand alone 23,000 square foot free standing building with a pro forma cap rate of 9.25 . Zoned SC1 allowing for commercial/residential mix use for numerous opportunities.

    Neighborhood

    49684 (Traverse City) Demographics

    42Median Age
    393Population Density (per sq. mile)
    45%College Educated
    $53,143Estimated Median Income
    11,866Estimated Total Home Owners
    4,086Estimated Total Renters
    74% / 26%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    39,614Total Population

    Market Last 30 Days

    $263,000 Median Sales Price
    23 Homes Sold
    36 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- New in Database Source
        12/7/2018 1:31:17 PM Status Changed Source New Value: Active U/C Taking Backups
        12/7/2018 3:00:00 AM Sold Source New Value: $4,600,000
        11/18/2018 1:31:19 AM Status Changed Source New Value: Active
        11/15/2018 2:31:25 PM Status Changed Source New Value: Extend

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        The data relating to real estate for sale on this web site comes in part from the Internet Data exchange ("IDX") program of Northern Great Lakes REALTORS MLS. All information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.