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$775,000
Est. payment /mo
4,040 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,040 sqft
Price per Sqft $191
Municipality Traverse City
Subdivision Traverse City
MLS Listing ID 20261008830
Year Built 1981
Annual Tax Amount $22,918
Lot Size 0.560 Acres
Acres 0.56
Lot Dimensions 82 x 297 x 82 x 297
Source Realcomp
Property Description
Real Estate Only for sale. Sale does not include the business of the Traverse City Comedy Club and the Grand Traverse Event Center. Businesses will be moving to new location. Purchase of Grand Traverse Event Center business is possible, but not the Traverse City Comedy Club. Purchaser will be required to enter into a non-compete that it will not offer comedy at the location for a period of 12 months.Price includes only real estate & FF&E. Purchase of liquor license is available for an additional $150,000. Liquor license will not be sold without the sale of the building. If purchaser acquires liquor license, purchaser shall be required to purchase all wine and liquor on premises at the time of closing.Sale of real estate includes the sale of all FF&E, except for any FF&E that is specific to the Traverse City Comedy Club (i.e., signage, glassware, souvenirs).Seller is related to a licensed real estate salesperson in the State of Michigan.Land contract may be available. Down payment requirement, interest rate, maturity, and other terms will be determined by the quality of the offer. For seller financing, a down payment of no less than 20 percent is required. Interest rate may be below market.All information available comes from public records. Purchasers should verify the accuracy of any information or omissions.
Location
State MI
County Grand Traverse County
Zoning Commercial
Direction On west side of Garfield Avenue between Hannah and Centre Streets. Building is set back from the road. Property is between Comfort Center (to the north) and car wash (to the south).
Exterior
View Y/N No
Building
Foundation Slab
Water Public
Schools
School District Traverse City
Others
Tax ID 285111109300
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Listed by In Rhodes Realty
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