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4290 & 4386 Us-31 N

Traverse City, MI 49686
  • $3,200,000
  • STATUS: Active
  • ON SITE: 225 Days
  • MLS #: 1910061
UPDATED: 72 min ago
$3,200,000
  • 0
    BEDS
  • 3.69
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
N/A
Type:
Vacant Land / Lots
County:

School Ratings & Info

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.

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The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2023 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2023-12-01T20:52:00.543.
www.c21northland.com/homes/138693771
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4290 & 4386 Us-31 N Traverse City, MI 49686

  • Price: $3,200,000
  • Status: Active
  • On Site: 225 Days
  • Updated: 72 min ago
  • MLS #: 1910061
0
Beds
0
Baths
0
½ Baths
3.69
Acres
Neighborhood:
N/A
County:
Grand Traverse
Area:
Grand Traverse
School District:
Traverse City Area Public Schools
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.
Exterior Features

Exterior Features Bay ViewDevelopment Property Land Features LevelCleared Lot Dimensions See Survey Road Public MaintainedBlacktop Water Features Water ViewBay View

Property Features

Commercial YN Yes Deeded Waterfront No Development Amenities Trails Documents On File Survey Listing Agreement Type Exclusive Right To Sell Manufactured Allowed No Mineral Rights No Possession Negotiable Sale Rent For Sale Section Number 9 Terms ConventionalCash1031 Exchange Township Acme Type Of Ownership Private Owner Utilities Available ElectricNatural Gas Waste Available Municipal Waste Installed Municipal Water Available Municipal WaterPrivate Well Water Installed Private Well Zoning Use Restrictions Multi-FamilyCommercialOfficeSplits Available

Listing information © 2023 Northern Great Lakes REALTORS© MLS.
Listing provided courtesy of Coldwell Banker Schmidt-522: 231-929-2300.



The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2023 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2023-12-01T20:52:00.543.
 
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CENTURY 21 Northland
241 E State Street
Traverse City MI, 49684