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308 US Highway 31

Traverse City, MI
Year Constructed
Year Renovated
Building Class

About 308 US Highway 31

Investment opportunity – Solid 8000 square foot building for sale. Building is leased to tenant with 4 years remaining on NNN lease. Current lease income is $33,000 for the next lease year with annual increases. Recent environmental reports available accompanied with a building inspection report. Well located on Silver Lake Rd slightly North of US 31.

Internet Providers for 308 US Highway 31

Provider Technology Max Download Speed Max Upload Speed
Charter Communications Inc. Cable
1 Gb/s
6 Mb/s
Iserv DSL
10 Mb/s
768 kbps
Cavalier Telephone DSL
10 Mb/s
1.5 Mb/s
AT&T Michigan DSL
3 Mb/s
768 kbps

The City: Traverse City

The typical asking rate per listing is in the $20's per square foot per year. The Traverse City region is seeing a a rise in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 9% rise in rent.

Median Rate Median Size
Traverse City $24

Median Rate over Time in Traverse City