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Real estate still booming in Northern Michigan

Summer is coming and Grand Traverse County is looking forward to a healthy tourist season. Northern Michigan is becoming a tourist destination, and this is contributing to strong growth in the commercial real estate industry in and around the area. Much of this business is food-centered as hungry tourists must be fed.

Some recent additions to the gastronomic scene include a carry out business specializing in food that travels well, including sandwiches, vegetarian options, sweets and beverages. The area offers many options for hiking and exploration and the company, Gold Baby Biscuits, hopes to become a go-to for energetic hikers. The shop is located next to another new venture, Mundos Roasting & Co. which is a new coffee shop.

While many new businesses are opening, there are still numerous investment and real estate options available. The Logan’s Landing Shopping Center has enjoyed a considerable amount of recent expansion and additional new businesses are opening in the next few months. A local restaurant establishment, Bella Fortuna, recently closed and so is now an available restaurant space. The property is a 6,294 square foot building that can be turned into another restaurant. The previous owner’s liquor license is available as part of the sale.

Anyone interested in investing in the growing commercial businesses of Grand Traverse County may wish to consult with an experienced real estate attorney. A knowledgeable lawyer can review potential transactions and help to ensure that one’s interests are protected and that a fair deal is achieved. Real estate remains a good investment in Northern Michigan and seeking legal advice can help one realize a sound and profitable outcome.