MLS Public Remarks Completely unobstructed sunset views over East Grand Traverse Bay are enjoyed all year long at Gold Coast Inn! 26 cash-flowing units are for sale all together, each renting separately very well but with upside opportunity too! Each has its own keypad for entry, and the building is keypad secure as well. Being just East of downtown Traverse City, this property rents really well. The entire property has just been remodeled, each unit is fully furnished and turnkey, and the common areas on each floor look terrific. There is a large dining room and commercial kitchen on the main floor, lovely lobby entry area, an elevator, and a back porch on the main floor and an expansive front porch overlooking the bay on each floor. Fiber optic internet is installed and ready! The Traverse Area Recreation Trail (TART) is just out the back door to ride all over the area, into Traverse City, up to Acme, or over to Suttons Bay! This investment is fully optimized and ready for you - this one's tough to beat!
http://bernardgroup.realestateone.com/1917934
Township Acme
Directions From Traverse City, head E on US-31 to destination just North of Holiday Road intersection on the East side of the Road.
Fin Below Grd SqFt 0
Total Fin SqFt 12,400
Price/SqFt $315
Current Use Recreational/Resort
Unfinished SqFt 0
Above Grade Finished SqFt 0
CDOM 161
Sub Property Type Hospitality
Year Built 1994
Days on Market 161
Land Assessment -
Improvements -
Acreage 0.84
Taxes -
Tax Year -
Summer Taxes -
Winter Taxes -
Lower Level Square Footage 0
Waterview N
Waterfront N
For Lease/Rent N
Est. Total Acres 0.84
Lot Dimensions Irregular
WaterFrontage
0
Heating Ductless A/C, Forced Air, Natural Gas
Cooling Ductless A/C, Forced Air, Natural Gas
Water Private Well
Zoning Commercial
Heating Ductless A/C, Forced Air, Natural Gas
Garage 0.0
Basement details Finished Rooms, Poured Concrete
Sewer Municipal
Features Elevator, Security System
Parking Desc Common
Exterior Features Vinyl
Terms/Misc. 1031 Exchange, Cash, Commercial Loan
Possession Negotiable
Status Change Date 12/04/2023
Listing Date 12/01/2023
Internet/IDX Y
Licensee Interest Other
Listing Office
Traverse City-Randolph St.
Office Address
521 Randolph Street
Listing Number
1917934
THE ACCURACY OF ALL INFORMATION, REGARDLESS OF SOURCE, IS NOT GUARANTEED OR WARRANTED. ALL INFORMATION SHOULD BE INDEPENDENTLY VERIFIED. Listings last updated: Friday, May 10, 2024. Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available. The data relating to real estate for sale on this web site appears in part from the IDX programs of our Multiple Listing Service. Real Estate listings held by brokerage firms other than Real Estate One include the name and address of the listing broker where available.
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