Retail Space
1712 South Garfield Avenue Traverse City, MI 49686
Details & Description
Price: $3,600,000
    Summer 2019 Taxes: $33,026.05Winter 2018 Taxes: $7,822.16Assessed Value: $1,211,500Taxable Value: $898,542
    Property Highlights
    Listing Agents
    Ron Goldstone

    O: 248-351-4371
    M: 248-302-6502
    goldstone@farbman.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    1712 South Garfield Avenue

    Traverse City, MI 49686

    Listing ID: 250593
    • 1712 South Garfield Avenue Traverse City, MI 49686 | for Sale | Photo 1
    • 1712 South Garfield Avenue Traverse City, MI 49686 | for Sale | Photo 2
    1712 South Garfield Avenue | for Sale | Thumbnail 1
    1712 South Garfield Avenue | for Sale | Thumbnail 2
    Building Size: 84,180 SF
    Lot Size: 13.500 AC
    Land Size: 588,060 SF
    Building $/SF: $42.77
    Land $/SF: $6.12
    Price
    $3,600,000
    Property Highlights
    Great Opportunity to Acquire up to 13.5 Acres a Former Kmart Development Located in a
    Situated in the Retail Epicenter of Traverse City which is the Largest City in Northern Michigan
    Only 3 Miles from Downtown Traverse City 3.5 Miles from the National Annual Cherry Festival
    Other Notable Area Retailers Include Costco, Art Van, Walmart, Home Depot The Grand
    Building is in Excellent Condition with a Roof that was Recently Resurfaced in 2016. The Existing BUR Roof was Overlaid
    2 Drive-In Truck Wells 7 Overhead Doors
    Zoned C-P Planned Shopping which Encourages Multi-Use Multi-Story Retail Developments. Suggested Uses Include Entert
    Prominent Position within the Cherryland Mall with Big Lots as an Anchor Tenant.
    on the Shore of Lake Michigan.
    which Attracts Over 500,000 Visitors.
    Traverse Mall.
    Outlot Opportunities Also Available
    Description

    Summer 2019 Taxes: $33,026.05

    Winter 2018 Taxes: $7,822.16

    Assessed Value: $1,211,500

    Taxable Value: $898,542

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     

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    Traverse City Area Market Trends

    Listing Demographics for 1712 South Garfield Avenue Traverse City, MI 49686

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population4,00531,49552,460
    Population Median Age414243
    Population by Age0-9 Yrs468 (11%)2999 (9%)5349 (10%)
    10-19 Yrs319 (7%)3482 (11%)5990 (11%)
    20-29 Yrs525 (13%)4287 (13%)6190 (11%)
    30-39 Yrs777 (19%)4563 (14%)6741 (12%)
    40-49 Yrs332 (8%)3180 (10%)5793 (11%)
    50-59 Yrs610 (15%)3965 (12%)6971 (13%)
    60-69 Yrs401 (10%)4177 (13%)7056 (13%)
    70+ Yrs572 (14%)4841 (15%)8369 (15%)
    Median HH Income$46,341$51,122$58,768
    Total Household Income< 24K473 (25%)3379 (23%)4568 (20%)
    25-49K566 (30%)3565 (25%)5226 (23%)
    50-74K360 (19%)2574 (18%)3978 (17%)
    75-99K341 (18%)1826 (12%)2951 (13%)
    100-199K109 (5%)2052 (14%)4293 (19%)
    200K+23 (1%)737 (5%)1509 (6%)
    Highest Education LevelNo Diploma22310571585
    Diploma or GED86754408329
    Some College80457428590
    Assoc. Degree34320873413
    Bachelors Degree595590510428
    Higher Degree18930075981
    Total Housing Units1,97415,67425,079
    --Owner-Occupied8818,08115,014
    --Renter-Occupied9916,0537,512
    Owner-Occupied Values< 100K30211331596
    100-199K44625184176
    200-299K12320233922
    300-399K211022338
    400-499K84581153
    500K+08461828
    Total Working Age Population3,34726,56143,549
    In Work Force2,26917,09627,200
    Not In Work Force1,0789,46416,349
    Workforce Employed2,15716,15425,808
    Workforce Unemployed1028981,316
    Civlian Workforce2,25917,05327,124
    Military Workforce104476
    Total Households1,87214,13322,525
    Family Households8557,31113,142
    Non-Family Households1,0176,8229,383
    Married Couple5975,26110,194
    Other Family2582,0502,948
    Married w/Child2071,7143,401
    Single Male w/Child36202371
    Single Female w/Child949451,303

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Michigan9,938,444-19,883,640+110,023,423+410,424,510
    Grand Traverse County77,654+1286,986+792,926+698,600
    Leelanau County21,119+321,708021,763+322,513

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 1712 South Garfield Avenue in Traverse City?
    The asking price for 1712 South Garfield Avenue is $3,600,000
    What is the building size of this Retail property in Traverse City, MI?
    The size of the building/unit at 1712 South Garfield Avenue in Traverse City is 84,180 square feet
    How much land does the Traverse City, MI property at 1712 South Garfield Avenue include?
    1712 South Garfield Avenue in Traverse City includes 13.500 acres of land
    What kind of Retail is the propery at 1712 South Garfield Avenue?
    The property at 1712 South Garfield Avenue Traverse City, MI 49686 is listed as a Other Retail Retail property
    What is the population within 1 mile of 1712 South Garfield Avenue in Traverse City?
    The population within 1 mile of 1712 South Garfield Avenue Traverse City, MI 49686 is 4,005 people.
    Who do I contact for questions about 1712 South Garfield Avenue?
    You should contact the listing agent, Ron Goldstone, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    MBS International Airport (MBS) 112
    Austin Straubel International Airport (GRB) 126
    General Mitchell International Airport (MKE) 169