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$ 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
Listing Status Active
Purchase Type For Sale
MLS Listing ID 78080015666
Originating Board Aspire North REALTORS®
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
Area Acme Twp
Zoning Commercial,Multi-Family,Office
Building
Lot Description Water View
Sewer Public Sewer (Sewer-Sanitary)
Water Well (Existing)
Schools
School District Traverse City
Others
Tax ID 0110903801
Ownership Private Owned
Acceptable Financing Cash, Conventional, Trade/Exchange
Listing Terms Cash, Conventional, Trade/Exchange
Financing Cash,Conventional,Trade/Exchange
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Listed by Daniel J Stiebel of Coldwell Banker Schmidt Traver
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "