Listing Courtesy of: NORTHERN GREAT LAKES / Coldwell Banker Schmidt Realtors Traverse City 522 / Dan Stiebel
$2,650,000
3.91
ACRES
  4290,4386,4444 US-31 N Traverse City, MI 49686
Active (325 Days)

Comments

Incredible visibility for this site with over 700' on US-31 and unobstructed views of East Grand Traverse Bay. The site is 3.9 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 hotel, restaurant, retail, office, multi-family 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.

MLS #
1869216
Lot Size
3.91 acres
Type
Land
Views
View
School District
Traverse City Area Public School
County
Grand Traverse County
Community
Acme
Bathroom Details
Subdivision
  • Mi
Lot Information
  • Level
  • Cleared
Utility Information
  • Utilities: Electric, Natural Gas
Location
   
Calculate drive times to this property
 

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.
Aubrey Vandemark
Aubrey Vandemark
Lic. 6501408051