About This Home

This 0-bedroom, 7-bathroom commercial at 2751 N US-31 S in Traverse City, MI is listed for $2,390,000 ($176 per sqft). the home offers 13,550 sqft of living space on a 1.28 acres lot.

Key Features

  • 1.28 acre lot

Property Details

7 full
Listing Description

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.

Monthly Cost Estimate

$12,782/mo

20% down · 6.5% · 30 years

Principal$1,728
Interest$10,357
Insurance$697

Estimates only. Actual payments may vary.

Location

2751 N US-31 S

Traverse City, MI 49684

Features & Amenities

Exterior Features

Stucco/Drivit

Property Details

Construction

Block Frame

Parking

Parking Lot

Questions & Answers

This 0-bedroom, 7-bathroom commercial at 2751 N US-31 S is listed at $2,390,000 ($176/sqft). The estimated monthly payment is $12,782 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 1.28 acre lot. Exterior Features: Stucco/Drivit.

This property is listed by David Cutler.

DC

David Cutler

Agent at Twin Bay Properties, LLC

Listed by Twin Bay Properties, LLC · Broker phone: 2313577800 · Broker website

MLS# 1949731· Source: Northern Great Lakes Realtors MLS· 68 days on PropertySimple

Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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

Open this listing in: