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4612 Us-31 N

Traverse City, MI 49686
  • $3,900,000
  • STATUS: Active
  • ON SITE: 177 Days
  • MLS #: 1917934
$3,900,000
  • 0
    BEDS
  • 0.84
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 12,400
    SQFT
  • $315
    $/SQFT
Neighborhood:
Type:
Business Opportunity
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. Fiber optic internet 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!

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[MiRealSource] logo ©2024 MiRealSource (Michigan Multiple Listing Service). All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Kelder Group LLC. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2024-05-26T22:49:58.807.
www.kelder.com/homes/145680514
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4612 Us-31 N Traverse City, MI 49686

  • Price: $3,900,000
  • Status: Active
  • On Site: 177 Days
  • MLS #: 1917934
0
Beds
0
Baths
0
½ Baths
0.84
Acres
12,400
SQFT
$315
$/SQFT
1994
Built
Neighborhood:
Gold Coast Inn
County:
Grand Traverse
Area:
Acme Twp (28001)
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. Fiber optic internet 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!
Exterior Features

Exterior Construction FrameVinyl Siding Lot Size Irregular Parking 21+ Spaces Roofing Asphalt

Interior Features

Basement YN No Commercial Features ADA AccessibleElevator(s)Security Syetem Owned Fuel Type Natural Gas Heating System Forced Air

Property Features

Business Name Gold Coast Inn Business Type Recreation Commercial Type Business Financial Terms CashCommercial LoanExchange/Trade Lease YN No Municipality Acme Twp Ownership Private Present Licenses Other-See Remarks Sale Includes Inventory SEV 968500 Sev Year 2022 Sewer Septic Public Sanitary Water Private Well Zoning Commercial

Listing courtesy of REO-TCRandolph-233022 : 231-946-4040.

Source MLS: MiRealSource
Originating MLS: Aspire North REALTORS

[MiRealSource] logoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


[MiRealSource] logo ©2024 MiRealSource (Michigan Multiple Listing Service). All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Kelder Group LLC. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2024-05-26T22:49:58.807.
 
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The Kelder Group LLC
9284 Lapeer Rd.
Davison MI, 48423