$ 3,300,000
4290 & 4386 US-31 N Traverse City, MI 49686
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Listed by Daniel J Stiebel • Coldwell Banker Schmidt Traver
$ 3,300,000
Est. payment | /mo
3.69 Acres Lot
$ 3,300,000
Est. payment | /mo
3.69 Acres Lot
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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Stacy Allman
REALTOR® | Lic# 6506048872