USAMITraverse CityMetes & Bounds966 W South Airport Rd

966 W South Airport Rd, Traverse City, MI

Name: 966 W South Airport Rd, Other in Traverse City - Zoocasa
Brand: Coldwell Banker Schmidt Traverse City
SKU: 78080064082
Price: 549000 USD

House

Other

Listed price in listed location currency (USD).

$549,000

000

MLS® 78080064082

Overview

Key Facts

Type

Levels Commercial Sale

Size -

Garage

Taxes

Days Active 181

Lot Size

Approx. Age 1967

MLS® Number 78080064082

Property Address: 966 W South Airport Rd, Traverse City, MI, 49686-4847

Average square foot calculated using Size range provided by listing agent.

Description

2 tenant investment property on busy South Airport Road near the Traverse City airport. Leases are short-term, so that a buyer could use the property if they want to, however the tenants would like to keep renting, so longer term leases are also a possibility for investors. Current leases are below market providing upside potential for a buyer. Tenants include Boyd Sewing and Top Comics. The Boyd Sewing space has a retail sales area, classroom, loft for additional storage. and living quarters on the second floor with kitchen and full bathroom. Priced to sell at a 8.8% cap rate (based on current rents which are very low and could be raised) and well below assessor's true cash value.

MLS® Number78080064082

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1967

Basement

DrivewayParking Lot

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

Last Sold Price

----

Appreciation

Avg. Days Listed

174 days

Today, Other for $549,000

Other · 181 days

$549,000

MLS® 78080064082

6 months ago

Not Sold Yet

December 2025, For Sale for $549,000

For Sale · 174 days

$549,000

MLS® 1940890

6 months ago

Not Sold Yet

Dec 1, 2025, Other for $549,000

Map

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