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4612 Us-31 N

Traverse City, MI 49686
  • $4,000,000
  • STATUS: Active
  • ON SITE: 28 Days
  • MLS #: 1902679
UPDATED: 39 min ago
$4,000,000
  • 0
    BEDS
  • 0.84
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 12,400
    SQFT
  • $323
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1994
County:

School Ratings & Info

Description

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 its 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. 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!

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The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2022 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2022-08-15T19:52:08.987.
www.c21northland.com/homes/130990682
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4612 Us-31 N Traverse City, MI 49686

  • Price: $4,000,000
  • Status: Active
  • On Site: 28 Days
  • Updated: 39 min ago
  • MLS #: 1902679
0
Beds
0
Baths
0
½ Baths
0.84
Acres
12,400
SQFT
$323
$/SQFT
1994
Built
Neighborhood:
Gold Coast Inn
County:
Grand Traverse
Area:
Grand Traverse
Property Description
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 its 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. 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!
Exterior Features

Construction Frame Exterior Features Vinyl Foundation Poured ConcreteFinished Rooms Lot Dimensions Irregular Parking Common Parking Spaces 35 Road Public Maintained Roof Asphalt

Interior Features

Heating Cooling Type Forced AirDuctless A/C

Property Features

Business Incl Yes Business Name Gold Coast Inn Deeded Waterfront No Documents On File Agency Disclosure Eco Features No Extras Security SystemElevator Heating Cooling Source Natural Gas Included In Lease None Inventory Incl Yes Licenses Other Listing Agreement Type Exclusive Right To Sell Location Freestanding Possession Negotiable Present Use Recreational/Resort Real Estate Incl Yes Sale Or Lease For Sale Sale Rent For Sale Section Number 9 Sewer Municipal Terms Commercial LoanCash1031 Exchange Township Acme Type Hospitality Type Of Ownership Private Owner Univs Design Barrier Free No Steps EntryElevator Vacant Land No Water Private Well Year Remodeled 2021 Zoning Commercial

Listing information © 2022 Northern Great Lakes REALTORS© MLS.
Listing provided courtesy of Homewaters, Llc: 877-820-1194.



The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2022 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2022-08-15T19:52:08.987.
 
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CENTURY 21 Northland
241 E State Street
Traverse City MI, 49684