Retail-Restaurant-Bar Space
Retail-Commercial
for Lease
| Catylist Listing ID: |
30826838 |
| Property Subtypes: |
Free-Standing Building, Restaurant, Street Retail, Tavern/Bar/Nightclub
|
| Contiguous Space: |
3,520 SF |
| Gross Building Area: |
17,665 SF |
| Lease Rate: |
$6,000 (Monthly)
$20.45 PSF (Annual)
|
| Lease Types: |
Modified Gross |
| Building Name: |
Gourdie Fraser |
| Last Updated: |
1/9/2023 |
Overview / Comments
|
Prime retail/restaurant/bar space on Front Street between Union & Pine. Last used as a speakeasy, this space was remodeled in 2017 with exposed ceilings, epoxy floors, small commercial kitchen and high end bathrooms. Equipment and antique bar may be available to purchase, but are not included in the lease. Currently has secret entrance behind bookcase, but this faux wall could easily be removed to provide street front exposure and open the space for general retail. This is a rare opportunity to lease at a below market rate for a downtown space with so many possibilities. Landlord pays taxes and common area maintenance and Tenant pays pro-rated share of utilities.
|
|
Suite: 1B
|
3,520 SF
|
$6,000 (Monthly)
Modified Gross
|
| Level/Floor: |
1 |
| Space Available: |
3,520 SF |
| Lease Rate: |
$6,000 (Monthly)
$20.45 PSF (Annual)
|
| Lease Type: |
Modified Gross |
| Space Description: |
Prime retail/restaurant/bar space on Front Street between Union & Pine. Last used as a speakeasy, this space was remodeled in 2017 with exposed ceilings, epoxy floors, small commercial kitchen and high end bathrooms. Equipment and antique bar may be available to purchase, but are not included in the lease. Currently has secret entrance behind bookcase, but this faux wall could easily be removed to provide street front exposure and open the space for general retail. This is a rare opportunity to lease at a below market rate for a downtown space with so many possibilities. Landlord pays taxes and common area maintenance and Tenant pays pro-rated share of utilities. |
| Date Available: |
12/1/2022 |
| Space Type: |
Relet |
| Kitchen |
Yes |
Additional Details
| Nearest MSA: |
Traverse City |
| County: |
Grand Traverse |
| Tax ID/APN: |
28-51-794-002-00 |
| Retail Clientele: |
General, Family, Business, Traveler, Tourist, Recreation |
| Property Visibility: |
Excellent |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
1 |
| Number of Stories: |
2 |
| Construction/Siding: |
Brick |
| Heat Type: |
Natural Gas |
| Heat Source: |
Central |
| Air Conditioning: |
Package Unit |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
4,742 |
28,118 |
43,934 |
| Median Age: |
40.98 |
42.78 |
42.74 |
| Households: |
2,205 |
13,069 |
19,459 |
|
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