| $3,900,000 |
| MLS 1917936 | |
| 4612 US-31 N Traverse City, MI 49686 | |||
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Completely unobstructed sunset views over East Grand Traverse Bay are enjoyed all year long at Gold Coast Inn! 26 cash-flowing units are for sale all together, each renting separately very well but with upside opportunity too! Each has it's own keypad for entry, and the building is keypad secure as well. Being just East of downtown Traverse City, this property rents really well. The entire property has just been remodeled, each unit is fully furnished and turnkey, and the common areas on each floor look terrific. There is a large dining room and commercial kitchen on the main floor, lovely lobby entry area, an elevator, and a back porch on the main floor and an expansive front porch overlooking the bay on each floor. Fiber optic internet service is installed and ready! The Traverse Area Recreation Trail (TART) is just out the back door to ride all over the area, into Traverse City, up to Acme, or over to Suttons Bay! This investment is fully optimized and ready for you - this one's tough to beat! | |||
| Price $3,900,000 | Heat: | Zoning: Commercial | |
| Area: Grand Traverse | Water: | Construction: Frame | |
| Sale or Rent: For Sale | Approx.Sq Ft.: 12400 | Lot Size: Irregular | |
| Sewer: Municipal | Units: 26 | Acres: 0.84 | |
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Features: Solid Surface Counters Bay View,Deck,Patio,Balcony,Gutters Water Features: Water View,Great Lake,All Sports,Bay View | |||
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For more information contact: Sterling Properties 989.362.4585 | |||
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Copyright © 2024 Northern Great Lakes Realtor MLS (NGLR) Listing provided by NGLR Association of Realtors, database last updated Saturday May 11, 2024 | |||
| Direct Link: https://cmiaridx.com/RETS/idx/sterling/multifamily/index.php?view=1917936 | |||