2020 W SOUTH AIRPORT ROAD TRAVERSE CITY, MI 49684 Iconic Commercial Landmark! Features Established commecial location since 1968 14,777 sq/ft mixed-use commercial space 300 private frontage on the Boardman River Huge paved parking lot, covered walkways, riverside deck & bridge connecting to additional commerce across the river 231.995.8153 CELL 231.620.2418 OFFICE O F F E R E D AT : $1,250,000
Unique Commercial P roperty! Highly-versatile complex offers former restaurant w/ huge dining areas, bar, former kitchen, walk-in coolers & storage areas; two large retail spaces; north wing with 5 office/suites; 5 bathrooms; large waterside deck; covered outdoor walkways; & bridge over the river connecting to the west-side complex (under separate ownership). Exciting potential to resurrect restaurant/bar, reinvent retails spaces and/ or promote tenancy for vacant office suites. 231.995.8153 CELL 231.620.2418 OFFICE
231.995.8153 CELL 231.620.2418 OFFICE
Price Change BUSINESS TYPE: REALTOR Professional Report Commercial MLS # 1840754 List Price: $1,250,000 For Sale Retail/Commercial Lease Price/SQFT: Waterfront: Yes Boardman River Lease Price/Month: Private 300 Apx Total Fin SQFT 14777 Current Zoning: Sub: Dimensions: irregular Lot#: Business Name: Logan's Landing Apx Yr Blt: 1968 County: Grand Traverse Remodeled: Township: Garfield Sec # 15 Apx # Acres: 1.58 Owner: Amroian Branded Virtual Tour Vacant: 2020 W S Airport Road Unit #: Traverse City 49684-4711 LOCATION: Business Park, Shopping Center, Freestanding CONSTRUCTION: Other BASEMENT: ROOF: FLOORING: LICENSES: EXTRAS: Restaurant/Food Service, Medical/Dental, Office Building, Retail Store, Wholesale, Other Slab Wood, Metal/Steel, Membrane None 3-Phase Electric TAX ID #: 05-015-059-20 HEAT/COOLING: Natural Gas Forced Air, Central Air WATER: Municipal Water WASTE: Municipal ZONING: Commercial ROAD: Public Maintained, Blacktop FINANCING: Commercial Loan, Cash POSSESSION: Negotiable INCL IN RENT: None Select Fixtrs/Equip Value Gross Sales # Restrooms 5 Parking Spaces Assn Dues Ins Exp (Annual) Full Time Employees Rental Exp Heat Exp (Annual) Renewable Business Incl No Rental Inc Electric Exp (Annual) Inv Value Inventory Incl No Real Estate Incl Yes Agent Only Remarks See associated docs for survey, blueprint/footprint, maps & easement info. Construction is poured concrete walls. Phase 1 environmental site assessment done in AUG 2012 passed & approved. As per current construction codes, future expansion of footprint or elevation is allowed only with current setback areas, which includes away 75' from riverfront; see non-conforming zoning ordinance in associated docs. Public Remarks Attention developer's, investors & entrepreneurs! The iconic Logan's Landing shopping center has been a Traverse City landmark since 1968. An impressive 14,777 sq/ft of mixed-use commercial space sits directly along 300' of the Boardman River, a unique benefit that would no longer be allowed under current construction codes. Highly-versatile complex offers former restaurant w/huge dining areas, bar, former kitchen, walk-in coolers & storage areas; two large retail spaces; north wing with 5 office/suites; 5 bathrooms; large waterside deck; covered outdoor walkways, bridge over the river connecting to the west-side complex (under separate ownership), huge paved parking lot & 300' road frontage on a high-traffic commercial corridor. Exciting potential to resurrect restaurant/bar, reinvent retails spaces and/or promote tenancy for vacant office suites. Adjacent to Medalie Park on Directions On N side of South Airport between Cass & Barlow; portion of Logan's Landing on east side of the Boardman River List Offic - Ofc Nm Ph Coldwell Banker Schmidt-402-231-922-2350 List Agent - Agt Nm Ph Mark D Hagan - 231-929-7985 List Agent - E-mail info@markhagan.com ListTeam - TeamNmPh List Ofc 2 - Ofc Nm Ph List Agt 2 - Agt Nm Ph List Agt 2 - E-mail Sell Ofc 1 - Ofc Nm Ph Sell Agt 1 - Agt Nm Ph Sell Agt 1 - E-mail Exclusive Right to Sell BB Comp 2.5 SA Comp 2.5 Other Comp 0 Dual MLS # Sign Yes Sold Price Terms Concession Amount Closed List Date 11/20/2017 DOM 63 The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright Northern Great