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Listed by REMAX Bayshore - West Shore Dr TC
$2,950,000
Est. payment /mo
3 Baths
18,454 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active U/C Taking Backups
Purchase Type For Sale
Square Footage 18,454 sqft
Price per Sqft $159
MLS Listing ID 1937780
Year Built 1926
Lot Size 0.720 Acres
Acres 0.72
Property Sub-Type Retail
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
Interior
Heating Forced Air, Natural Gas
Exterior
Waterfront Description Public
Roof Type Other
Total Parking Spaces 18
Garage false
Building
Foundation Poured Concrete
Sewer Public Sewer
Water Public
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Kyle O'Grady
Team Leader, REALTOR® | License ID: 6501407456
Team Leader, REALTOR® License ID: 6501407456