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$2,950,000
Est. payment /mo
18,454 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 18,454 sqft
Price per Sqft $159
Subdivision Mi
MLS Listing ID 80061067
Year Built 1926
Annual Tax Amount $55,828
Lot Size 0.720 Acres
Acres 0.72
Lot Dimensions Ireggular
Property Sub-Type Commercial/Industrial
Property Description
Seize the chance to own a cornerstone of Traverse City’s thriving Warehouse District. The iconic Warehouse MRKT building blends sleek industrial design with a dynamic marketplace environment, housing 9 established tenants in a proven multi-tenant rental model. With soaring ceilings, exposed beams, and an adaptable open floor plan, the property offers exceptional flexibility - whether you envision expanding its beloved local marketplace, establishing a flagship retail concept, or pursuing a unique mixed-use redevelopment. Sitting on three-quarters of an acre with convenient on-site parking, this property offers both stability and untapped potential. As an established pillar of the community, Warehouse MRKT combines character, location, and income potential - making it a rare opportunity to secure a prime asset in one of Traverse City’s most sought-after districts.
Location
State MI
County Grand Traverse
Area Traverse City (28021)
Zoning Commercial
Interior
Heating Forced Air
Cooling Central A/C
Exterior
Parking Features 11-20 Spaces, Parking Lot
Roof Type Other-See Remarks
Building
Water Public Water
Structure Type Block
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Commercial Loan,Conventional
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Listed by REMAX Bayshore - W Bay Shore Dr TC