About This Home
This 0-bedroom, 2-bathroom commercial at 939 S US-31 in Traverse City, MI is listed for $5,000,000 ($420 per sqft). the home offers 11,900 sqft of living space on a 1.47 acres lot.
Key Features
- 1.47 acre lot
- 47 parking spaces
Property Details
Prime commercial opportunity in Traverse City. Located on the high-visibility US-31 corridor at 939 US Highway 31 S, GT Liquor offers an established retail footprint serving the greater Grand Traverse region. The operation features a dedicated beer cave, walk-in commercial refrigeration, an extensive selection of spirits and craft beer, specialty barrel picks, and DoorDash delivery.
The property also offers dedicated parking and flexible operating hours. Seller reports facility updates completed in 2024. The land and building are offered for $4.5 million. The business is available separately for an additional $500,000, with inventory valued at closing.
Business financials are available after execution of a nondisclosure agreement. A gas station may be a potential additional use. Blair Township's Commercial Manufacturing district allows gasoline filling stations with a special-use permit, subject to township review and approval. Buyers should confirm the parcel's zoning and the feasibility of their proposed layout directly with Blair Township.
Monthly Cost Estimate
$26,741/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
939 S US-31
Traverse City, MI 49685
Features & Amenities
Exterior Features
Property Details
Construction
Parking
Questions & Answers
This 0-bedroom, 2-bathroom commercial at 939 S US-31 is listed at $5,000,000 ($420/sqft). The estimated monthly payment is $26,741 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: 1.47 acre lot, 47 parking spaces. Exterior Features: Block.
This property is listed by Gurpreet Singh and can be reached at 3474717184.
