Type: Company
Price: $3,900,000
Location: Traverse City, Michigan
Address: 4612 US-31 N, Traverse City, MI, 49686
Zip: 49686
Size: 12400 square feet
Property size: 36587 square feet
Condition: Used
For sale by: Broker
Agent: Blake Bernard
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! Copyright © 2023 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
