831 Garfield Avenue, Traverse City, MI

0 Flares Filament.io 0 Flares ×

831 Garfield Avenue, Traverse City, MI

For Sale

Presented By:

Dan Stiebel

Commercial Broker
Coldwell Banker Schmidt REALTORS – Traverse City 522 E. Front Street, Traverse City, MI 49686
231-929-2300
Licensed In: Michigan

  • Link on Facebook
  • Link on Twiiter
  • Connect on LinkedIn
 

Logo

$ Click for current price
3771 SQUARE FEET

Great Investment Property with new 10 year lease! Eastfield Liquor signed a 10 year lease beginning in 2016. NNN lease means tenant pays all expenses and landlord nets $30,000 year the first year with annual increases. 8% return and increasing each year with little to no work for the owner. This space was completely remodeled when the tenant moved in and shows great. Neighboring businesses include Edson Farms Natural Foods, Scuba North, Agave Mexican Grill, Heavenly Ham, UPS Store, Bikram Yoga, Centre Street Cafe and more. Nows the time to own a condo unit in this great retail center.

 



Listing data of Coldwell Banker Schmidt REALTORS Traverse City Broker from TAAR MLS is deemed reliable, but not guaranteed and is made available for personal and non-commercial use.