41 Hughes Drive $745,000

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    41 Hughes Drive Traverse City, MI 49686

    • 0.75 Acres
    • Commercial
    MLS# 1855322 | Active

    $745,000

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    Days On Market: 238 7 Views
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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 T 27N
      • 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 Paved, Parking Lot
      • Parking Spaces 36
      • Exterior Features Brick, Block
      • Construction Brick, Block
      • Lot Dimensions 175 x 180
      • Location Corner Lot, Business Park

    Contact

    Marshall Dines

    Realtor/Real Estate Consultant

    RE/MAX LIGHTHOUSE

    Direct: 231-487-2552

    Neighborhood

    49686 (Traverse City) Demographics

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

    Market Last 30 Days

    $245,000 Median Sales Price
    42 Homes Sold
    59 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $745,000
        11/27/2018 9:31:00 AM New in Database Source

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        The data relating to real estate for sale on this web site comes in part from the Internet Data exchange ("IDX") program of Northern Great Lakes REALTORS MLS. All information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.