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120 S Park Street, Traverse City, MI 49684

$995,000
, 2 full BA Commercial Property MLS# 1831737 ID: 45063475
$995,000 Get Rates

Restaurant/Food Service,Bar - Traverse City, MI
Location, Location, Location - You can not top this one. Located in the Heart of Traverse City Proper on Park Street, this established "go to" Restaurant location has thrived for over 7 decades. Current tenant lease expires 12-31-2017. Is this the next perfect spot for you to run your own cool eatery? Walking distance to the Park Place, Radio Center, The State Theater, The Bijou, the Opera House - anything downtown - this is the spot. Current tenant has strong positive presence in the community, and great food so the stage has been set for a thriving healthy business. This is a listing for the sale of the building and land only. NOT the current business or equipment. Some equipment may be available and would be negotiated in a separate agreement. If you have been just waiting for the perfect location to this the Market - THIS IS IT! Lease option available $65,900 per year - Triple Net Lease Been thinking of developing a downtown parcel - IT can be whatever you create, currently surrounded by construction, it is ripe for new ideas, and can be taller then one story. Go vertical and increase your opportunities for offices, housing and an eatery, or cute retail space. This is a SWEET Spot - grab it!

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Location Information near 120 S Park Street
Offered by Sally Erickson at Keller Williams-Greater GT

Would you like more information regarding this property?
Please call (231) 947-8200.

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Property Features for 120 S Park Street
Status
Market Status
Available
Last Updated
August 17, 2017
Description
Property Type
Commercial Property
Year Built
1956
Baths
2 full BA
Approx. Lot Size
0.17 Acres
Sq. Feet
3,500

Building Features

  • Basement
  • Heating System: Forced Air
  • Roof: Membrane

Exterior Features

  • Exterior Construction: Block
  • Parking: 10 spaces

Legal/Financial

  • Taxes: 14932.79

Listing Features

  • Property Type: Commercial; Restaurant/Food Service,Bar

Room Details

  • Additional Areas: Full Bath; Full Bath
  • Sally Erickson
  • Keller Williams-Greater GT

Data Provided by:
Northern Great Lakes Realtors MLS

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More information about this $995,000 Commercial Property at 120 S Park Street

This $995,000 Commercial Property at 120 S Park Street in Traverse City, MI is presented by Sally Erickson. This $995,000 Commercial Property, located in the 49684 zip code, has the following property features: Property Type, Taxes, Roof, Parking. This 120 S Park Street Commercial Property, located in Grand Traverse County , is listed under MLS listing number 1831737, 2 baths, and has a listing price of $995,000. You can find more TRAVERSE CITY homes for sale here.