41 Hughes Drive $745,000

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    41 Hughes Drive Traverse City, MI 49686

    • 0.75 Acres
    • Commercial
    • MLS# 1873901
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    Views: 217 Days On Site: 350

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    Property Details

    Newer commercial office building occupied with grade A national tenant. Road frontage on Hammond Rd., access via Hughes Drive. Great investment opportunity, 8.3% cap rate.

    • General Features
      • Licenses None
      • Included In Lease None
      • Business Incl No
      • Business Name MacTec Engineering
      • Type of Ownership Private Owner
      • Approx Year Built 2004
      • Year Remodeled 0
      • Type Office
      • Town 27
      • Township Garfield
      • Present Use Manufacture/Warehouse,Office Building
    • Building Features
      • Extras Overhead Door(s), Sprinkler System, Environmental Rpt on File
      • Foundation Slab
      • Heating Cooling Source Natural Gas
      • Roof Membrane
      • Heating Cooling Type Forced Air, Central Air
      • # Restrooms 2
      • Apx Total Fin SQFT 6,118
    • Property Features
      • Water Municipal Water
      • Vacant Land No
      • Univs Design/Barrier Free Other
      • Road Public Maintained
      • Sewer Municipal
      • Parking Parking Lot, Paved
      • Parking Spaces 36
      • Exterior Features Brick, Block
      • Construction Brick, Block
      • Lot Dimensions 175 x 180
      • Location Business Park, Corner Lot

    Contact

    Ted Lockwood

    Ted Lockwood

    Associate

    RE/MAX Bayshore

    Direct: 231-218-5186

    Neighborhood

    49686 (Traverse City) Demographics

    44 Median Age
    272 Population Density (per sq. mile)
    49% College Educated
    $58,389 Estimated Median Income
    9,960 Estimated Total Home Owners
    3,551 Estimated Total Renters
    74% / 26% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    32,747 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $288,000 Median Sales Price
    37 Homes Sold
    40 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $745,000
        4/29/2020 8:32:00 PM New in Database Source New Value: $745,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.