4290 & 4386 US-31 N Active

Traverse City,MI 49686

$ 3300000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Vacant Lot/Land

Listing Status Active

Purchase Type For Sale

Subdivision Mi

MLS Listing ID 1920302

Lot Size 3.690 Acres

Acres 3.69

Lot Dimensions see survey

Property Description

Incredible visibility for this site with over 700' on US-31 and unobstructed views of East Grand Traverse Bay. The site is 3.69 acres, has high traffic counts, and the Traverse Area Recreational Trail (TART) borders the entire back of the property for easy biking downtown. Existing businesses will move so the entire site can be redeveloped. Great opportunity for multi-family, hotel, restaurant, retail, office and more. Currently there are 3 buildings on the property with a combined square footage of 22,520. There are 4 driveways, plenty of parking and an outdoor playground. The existing buildings could be used as is, split into multiple businesses, added onto, or removed. Zoned Commercial Corridor allowing for mixed use development.

Location

State MI

County Grand Traverse

Exterior

Exterior Feature Bay View,Development Property

Road Frontage Public Maintained,Blacktop

Building

Water Municipal Water,Private Well

Schools

School District Traverse City Area Public Schools

Others

Tax ID 01-109-038-01

Ownership Private Owner

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