Property Type:
Commercial Sale
Square Footage:
23,829
Lot Size (sq. ft.):
98,445
Status:
Sold
Current Price:
$4,999,900
List Date:
8/22/2016
Last Modified:
10/24/2021
13561 S West-Bay Shore Drive, Traverse City, MI 49684
$4,600,000
Overview
Description
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 is a stand-alone 23,000 square foot free standing building with a pro forma cap rate of 9.25. Stunning Grand Traverse Bay water views with 634 feet of prime sandy beachfront. . Zoned SC1 allowing for commercial/residential mix use for numerous opportunities. Existing renovations on the building include: acoustical ceiling throughout, electrical, Cat 5 networking throughout , full spectrum ceiling light fixtures, windows on top floor, 80% on second floor, server room with separate cooling system, coffee bar and appliances on 3rd floor...
Supplements: ... (Read more)
Listing Details MLS# 16043628
Location Property Info
- County
- Leelanau
- Street #
- 13561
- Street Direction
- S
- Street Name
- West-Bay Shore
- Suffix
- Drive
- State
- MI
- Zip Code
- 49684
General Property Info
- New Construction
- No
- Lot Measurement
- Acres
- Lot Acres
- 2.26
- Lot Square Footage
- 98445
- Lot Dimensions
- irr
- Year Built
- 1985
- Road Frontage
- 543.94
- Total # Units
- 35
- # Fin Bldg Lvls
- 2
- Total # Bldgs
- Yes
- Total SqFt
- 23829
- Waterfront
- Yes
- Body of Water
- Grand Traverse Bay
- School District
- Traverse City
- Year Remodeled
- 0
Tax Info
- Tax ID #
- 00403309700
- Taxable Value
- 1946960
- SEV
- 2252900
- For Tax Year
- 2015
- Seller's Annual Property Tax
- 72762.75
- Tax Year
- 2015
- Spec Assessment & Type
- None
- Homestead %
- 0
Remarks Misc
- Directions
- North on M-22 just past Carter Rd on right hand side.
Status Change Info
- Under Contract Date
- 2018-11-30
- Sold Date
- 2018-12-06
- Sold Price/SqFt
- 193.04
More Information
Waterfront Options
- Water Access Y/N
- Yes
- Water Frontage
- 634
Location & Property Info
- Cross Streets
- NA
- Property Sub-Type
- Office
- Area
- Traverse City - T
- Municipality
- Elmwood Twp
Office/Contract Info
- Auction or For Sale
- For Sale
- List Price/SqFt
- 209.82
- Prop Avail for Lease?
- Yes
Remarks & Misc
- Legal
- LL in LO
Water Type
- Lake
- Yes
Water Fea. Amenities
- Private Frontage
- Yes
Street Type
- Paved
- Yes
Utilities Attached
- Electricity Connected
- Yes
Sewer
- Public Sewer
- Yes
Water
- Public Water
- Yes
Uses
- Professional/Office
- Yes
Construction Type
- Concrete
- Yes
Exterior Material
- Brick
- Yes
- Stone
- Yes
- Wood Siding
- Yes
Roofing
- Other
- Yes
Heat Source
- Natural Gas
- Yes
Sale Conditions
- None
- Yes
Heat Type
- Forced Air
- Yes
- Hot Water
- Yes
Air Conditioning
- Central Air
- Yes
Business Includes
- Real Estate
- Yes
Util Avail at St
- Cable Available
- Yes
Driveway
- Paved
- Yes
Purchase Terms Avail
- Cash
- Yes
- Conventional
- Yes
- Other
- Yes
Property Features
Water Type:
Lake
Uses:
Professional/Office
Business Includes:
Real Estate
Construction Type:
Concrete
Exterior Material:
Brick; Stone; Wood Siding
Roofing:
Other
Sewer:
Public Sewer
Water:
Public Water
Utilities Attached:
Electricity Connected
Util Avail at St:
Cable Available
Heat Source:
Natural Gas
Heat Type:
Forced Air; Hot Water
Air Conditioning:
Central Air
Driveway:
Paved
Street Type:
Paved
Purchase Terms Avail:
Cash; Conventional; Other
Sale Conditions:
None
Documents
Tax Information ›
Listing Office:
REAL ESTATE ONE, INC
Listing Agent:
Lynne C Moon
Last Updated: October - 24 - 2021
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for 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.
