- 3.80Acre
2040+ US-31 S Traverse City, MI 49684
Listing provided courtesy of: James A Schmuckal, REALTOR: 3347 S Airport Rd W, Traverse City, MI
Overview
Super Income Opportunity. This is a 3 building complex with long term leases and quality tenants. Addresses 2040/2062/2084, south of Grand Traverse Mall. Building A (north unit-TAX #28-05-136-001-00) 7,476 gsf, Building B (middle unit Tax # 28-05-136-002-00) 5,760 + 1500 in basement level gsf, Building C (south unit- Tax# 28-05-136-003-00) 7,476 gsf. Hartman Hills complex offers condominium project. Municipal sewer, one well for all 3 buildings. Long term leases with A:MDOT, B: Modern District Financial, C: IRS. Net rental income projected for 2021 is $262,133. Accordingly, the cap rate would be 8%--cost per square foot is well below replacement value. Option I-Bldg B For Sale $750,000. B has an additional 1500 SF finished basement. Option II-A & C Bldgs. For Sale-$ 2,454,600. Master Deed is available. The existing Tower has a permanent easement on property. Please do not enter building without a formal appointment.
General Features
- Included In Lease Other
- Business Incl No
- Business Name N/A
- Type of Ownership Private Owner
- Approx Year Built 1998
- Type Office
- Town T 27N
- Township Garfield
- Present Use Office Building,Retail Store,Wholesale
Building Features
- Extras Other
- Foundation Other, Slab
- Heating Cooling Source Natural Gas
- Roof Asphalt
- Heating Cooling Type Forced Air
- # Restrooms 8+
- Apx Total Fin SQFT 20,712
Property Features
- Water Private Well
- Vacant Land No
- Univs Design/Barrier Free Main Floor Access
- Road Blacktop
- Renewable Y N Yes
- Sewer Municipal
- Parking Common, Paved
- Exterior Features Vinyl
- Construction Frame
- Lot Dimensions Irregular
- Location Office Center
Jean Prangley
231-878-8200RE/MAX Central
Ask a Question
Days on Market
- This property was listed on the market for 1009 days
Location
View the MapJean Prangley
231-878-8200RE/MAX Central
Ask A Question
Community Demographics for Zip Code 49684 (Traverse City)
Housing Occupancy
- Home Owners: 12,898 (64%)
- Renters: 4,676 (23%)
- Vacant: 2,451 (12%)
- Total Housing Units: 20,025
Households
- Average Household Size: 2.37
- Housing Density (People per square mile): 420
Age Range (number of people)
- Age 0-14: 7,547
- Age 15-24: 5,107
- Age 25-39: 7,710
- Age 40-59: 10,497
- Age 60-79: 8,801
- Age 80+: 2,687
- Total: 42,349
* All numbers in this section are 2016 projections provided by Geolytics Inc
School Information for 49684 (Traverse City)
Public Schools in Zip Code 49684 (Traverse City)
* This list of schools may not match the property above.
WEST SENIOR HIGH 5376 NORTH LONG LAKE RD TRAVERSE CITY, MI 49684 Phone: 2319337500 9th-12th
Grade Size Distribution
- 9th: 446
- 10th: 435
- 11th: 487
- 12th: 491
School Population
- Teachers: 92
- Students per Teacher: 20.2
- Students: 1859
- Male/Female: 975/884
School District
- TRAVERSE CITY AREA PUBLIC SCHOOLS
- 412 WEBSTER ST TRAVERSE CITY, MI 49686
- Phone: 2319331725
District Population
- Schools: 22
- Full-Time Teachers: 545
- Students per Teacher: 18.7
- Staff: 1335
- Students: 10108
WEST MIDDLE SCHOOL 3950 SILVER LAKE RD TRAVERSE CITY, MI 49684 Phone: 2319338200 6th-9th
Grade Size Distribution
- 6th: 400
- 7th: 396
- 8th: 416
- 9th: 2
School Population
- Teachers: 69
- Students per Teacher: 17.6
- Students: 1214
- Male/Female: 610/604
School District
- TRAVERSE CITY AREA PUBLIC SCHOOLS
- 412 WEBSTER ST TRAVERSE CITY, MI 49686
- Phone: 2319331725
District Population
- Schools: 22
- Full-Time Teachers: 545
- Students per Teacher: 18.7
- Staff: 1335
- Students: 10108
NEW CAMPUS CENTER 1100 SILVER DR TRAVERSE CITY, MI 49684 Phone: 2319226375 2nd-12th
Grade Size Distribution
- 2nd: 2
- 3rd: 5
- 4th: 6
- 5th: 9
- 6th: 10
- 7th: 5
- 8th: 8
- 9th: 8
- 10th: 1
- 11th: 16
- 12th: 4
School Population
- Teachers: 9
- Students per Teacher: 10.3
- Students: 93
- Male/Female: 68/21
School District
- TRAVERSE BAY AREA ISD
- 1101 RED DR TRAVERSE CITY, MI 49696
- Phone: 2319226200
District Population
- Schools: 10
- Full-Time Teachers: 158
- Students per Teacher: 3.3
- Staff: 552
- Students: 334
BLAIR ELEMENTARY SCHOOL 1625 SAWYER RD TRAVERSE CITY, MI 49684 Phone: 2319335700 K-5th
Grade Size Distribution
- Knd: 54
- 1st: 48
- 2nd: 50
- 3rd: 54
- 4th: 45
- 5th: 41
School Population
- Teachers: 18
- Students per Teacher: 17.2
- Students: 310
- Male/Female: 159/151
School District
- TRAVERSE CITY AREA PUBLIC SCHOOLS
- 412 WEBSTER ST TRAVERSE CITY, MI 49686
- Phone: 2319331725
District Population
- Schools: 22
- Full-Time Teachers: 545
- Students per Teacher: 18.7
- Staff: 1335
- Students: 10108
CENTRAL GRADE SCHOOL 301 WEST 7TH ST TRAVERSE CITY, MI 49684 Phone: 2319335600 K-5th
Grade Size Distribution
- Knd: 83
- 1st: 93
- 2nd: 80
- 3rd: 101
- 4th: 107
- 5th: 116
School Population
- Teachers: 31
- Students per Teacher: 18.7
- Students: 580
- Male/Female: 299/281
School District
- TRAVERSE CITY AREA PUBLIC SCHOOLS
- 412 WEBSTER ST TRAVERSE CITY, MI 49686
- Phone: 2319331725
District Population
- Schools: 22
- Full-Time Teachers: 545
- Students per Teacher: 18.7
- Staff: 1335
- Students: 10108
LONG LAKE ELEMENTARY SCHOOL 7738 NORTH LONG LAKE RD TRAVERSE CITY, MI 49684 Phone: 2319337800 K-5th
Grade Size Distribution
- Knd: 57
- 1st: 43
- 2nd: 39
- 3rd: 42
- 4th: 51
- 5th: 56
School Population
- Teachers: 16
- Students per Teacher: 19.1
- Students: 305
- Male/Female: 156/149
School District
- TRAVERSE CITY AREA PUBLIC SCHOOLS
- 412 WEBSTER ST TRAVERSE CITY, MI 49686
- Phone: 2319331725
District Population
- Schools: 22
- Full-Time Teachers: 545
- Students per Teacher: 18.7
- Staff: 1335
- Students: 10108
SILVER LAKE ELEMENTARY SCHOOL 5858 CULVER RD TRAVERSE CITY, MI 49684 Phone: 2319335760 K-6th
Grade Size Distribution
- Knd: 46
- 1st: 44
- 2nd: 57
- 3rd: 49
- 4th: 41
- 5th: 45
- 6th: 1
School Population
- Teachers: 16
- Students per Teacher: 17.7
- Students: 283
- Male/Female: 149/134
School District
- TRAVERSE CITY AREA PUBLIC SCHOOLS
- 412 WEBSTER ST TRAVERSE CITY, MI 49686
- Phone: 2319331725
District Population
- Schools: 22
- Full-Time Teachers: 545
- Students per Teacher: 18.7
- Staff: 1335
- Students: 10108
TCAPS MONTESSORI SCHOOL 301 WEST 7TH ST TRAVERSE CITY, MI 49684 Phone: 2319335608 K-6th
Grade Size Distribution
- Knd: 72
- 1st: 55
- 2nd: 67
- 3rd: 47
- 4th: 46
- 5th: 31
- 6th: 10
School Population
- Teachers: 18
- Students per Teacher: 18.2
- Students: 328
- Male/Female: 171/157
School District
- TRAVERSE CITY AREA PUBLIC SCHOOLS
- 412 WEBSTER ST TRAVERSE CITY, MI 49686
- Phone: 2319331725
District Population
- Schools: 22
- Full-Time Teachers: 545
- Students per Teacher: 18.7
- Staff: 1335
- Students: 10108
WESTWOODS ELEMENTARY SCHOOL 1500 FISHER RD TRAVERSE CITY, MI 49684 Phone: 2319337970 K-5th
Grade Size Distribution
- Knd: 61
- 1st: 64
- 2nd: 49
- 3rd: 56
- 4th: 62
- 5th: 56
School Population
- Teachers: 18
- Students per Teacher: 19.3
- Students: 348
- Male/Female: 182/166
School District
- TRAVERSE CITY AREA PUBLIC SCHOOLS
- 412 WEBSTER ST TRAVERSE CITY, MI 49686
- Phone: 2319331725
District Population
- Schools: 22
- Full-Time Teachers: 545
- Students per Teacher: 18.7
- Staff: 1335
- Students: 10108
WILLOW HILL ELEMENTARY SCHOOL 1250 HILL ST TRAVERSE CITY, MI 49684 Phone: 2319338540 K-5th
Grade Size Distribution
- Knd: 66
- 1st: 57
- 2nd: 68
- 3rd: 70
- 4th: 68
- 5th: 82
School Population
- Teachers: 22
- Students per Teacher: 18.7
- Students: 411
- Male/Female: 210/201
School District
- TRAVERSE CITY AREA PUBLIC SCHOOLS
- 412 WEBSTER ST TRAVERSE CITY, MI 49686
- Phone: 2319331725
District Population
- Schools: 22
- Full-Time Teachers: 545
- Students per Teacher: 18.7
- Staff: 1335
- Students: 10108
TBA CENTRAL ELEMENTARY SCHOOL 301 WEST 7TH ST TRAVERSE CITY, MI 49684 Phone: 2319335685
School Population
- Teachers: 5
- Students per Teacher: N/A
- Students: 0
- Male/Female: 0/0
School District
- TRAVERSE BAY AREA ISD
- 1101 RED DR TRAVERSE CITY, MI 49696
- Phone: 2319226200
District Population
- Schools: 10
- Full-Time Teachers: 158
- Students per Teacher: 3.3
- Staff: 552
- Students: 334
Private Schools in Zip Code 49684 (Traverse City)
* This list of schools may not match the property above.
TRAVERSE CITY SDA ELEM. SCHOOL 5625 Gray Rd Traverse City, MI 49684 Phone: 2319474640 1st-8th
Grade Size Distribution
- 1st: 1
- 2nd: 4
- 3rd: 2
- 4th: 2
- 5th: 3
- 8th: 1
School Population
- Teachers: 0
- Students per Teacher: N/A
- Students: 13
ST. FRANCIS ELEMENTARY SCHOOL 130 E 10th St. Traverse City, MI 49684 Phone: 2319465961 K-4th
Grade Size Distribution
- Knd: 298
- 1st: 104
- 2nd: 95
- 3rd: 85
- 4th: 60
School Population
- Teachers: 0
- Students per Teacher: N/A
- Students: 642
TRINITY LUTHERAN SCHOOL 13th & Maple St. Traverse City, MI 49684 Phone: 2319462721 K-6th
Grade Size Distribution
- Knd: 20
- 1st: 21
- 2nd: 18
- 3rd: 25
- 4th: 19
- 5th: 26
- 6th: 20
School Population
- Teachers: 0
- Students per Teacher: N/A
- Students: 149
ALPHABET SOUP PRE-SCHOOL & DAY Traverse City, MI 49684 Phone: 2319411330 PreK-K
Grade Size Distribution
- PreK: 43
- Knd: 13
School Population
- Teachers: 0
- Students per Teacher: N/A
- Students: 56
GRAND TRAVERSE AREA CATHOLIC S 123 E. 11TH STREET Traverse City, MI 49684 Phone: 2319468100 PreK-12th
Grade Size Distribution
- PreK: 159
- Knd: 80
- 1st: 82
- 2nd: 80
- 3rd: 85
- 4th: 98
- 5th: 106
- 6th: 102
- 7th: 103
- 8th: 74
- 9th: 88
- 10th: 80
- 11th: 76
- 12th: 65
School Population
- Teachers: 0
- Students per Teacher: N/A
- Students: 1278
IMMACULATE CONCEPTION ELEMENTA 218 Vine St. Traverse City, MI 49684 Phone: 2319471252 PreK-5th
Grade Size Distribution
- 3rd: 85
- 4th: 98
- 5th: 105
School Population
- Teachers: 0
- Students per Teacher: N/A
- Students: 288
MONTESSORI CHILDRENS HOUSE INC TRAVERSE CITY, MI 49684 Phone: 2319299325 PreK-4th
Grade Size Distribution
- PreK: 158
- Knd: 24
- 1st: 15
- 2nd: 11
- 3rd: 5
- 4th: 10
School Population
- Teachers: 0
- Students per Teacher: N/A
- Students: 223
SUTTONS BAY MONTESSORI CHILDRE TRAVERSE CITY, MI 49684 Phone: 2319299325 PreK-4th
Grade Size Distribution
- PreK: 166
- Knd: 23
- 1st: 15
- 2nd: 11
- 3rd: 5
- 4th: 10
School Population
- Teachers: 0
- Students per Teacher: N/A
- Students: 230
THE PATHFINDER SCHOOL 11930 S West Bay Shore Dr Traverse City, MI 49684 Phone: 2319467820 PreK-8th
Grade Size Distribution
- PreK: 30
- Knd: 10
- 1st: 16
- 2nd: 16
- 3rd: 12
- 4th: 15
- 5th: 16
- 6th: 14
- 7th: 10
- 8th: 10
School Population
- Teachers: 0
- Students per Teacher: N/A
- Students: 149
ST. Francis High School 123 E 11th St. Traverse City, MI 49684 Phone: 2319468038
School Population
- Teachers: 0
- Students per Teacher: N/A
- Students: 0
* School data provided by US Department of Education