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Northern Great Lakes REALTORS MLS™

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4290 US-31 N

Traverse City, MI 49686

$1,600,000

MLS #1919805

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Description

Incredible unobstructed views of Grand Traverse Bay from this prime development site on high traffic commercial cooridor with great visibility. Currently there is a 15,682 SF building on the property with 2 driveways and plenty of parking. The site is 1.5 acres. The TART trail runs along the back of the property and there is a large outdoor play structure on the property. This is a great redevelopment opportunity for retail, hospitality, restaurant, office, multi-family and more. The existing building could be used as is, split into multiple businesses, added onto, or removed. Land is zoned Commercial Corridor allowing for mixed use development. Size of existing building taken from tax record and to be confirmed by buyer.


Overview

Sale or Lease:

For Sale

Business Included:

No

Real Estate Included:

Yes

Square Footage:

15682 sqft

Acres:

1.5 acres

Township:

Acme

County:

Grand Traverse


Features

Business Type:

Restaurant/Food Service, Manufacture/Warehouse, Office Building, Retail Store

Location:

Freestanding

Included in Lease:

None

Zoning:

Multi-Family, Office, Retail, Commercial, Restaurant/Food, Motel/Hotel

Daniel Stiebel

Coldwell Banker Schmidt-522

dan@realestatetc.comwww.realestateTC.com

Compensations

Sub Agency

3.00%

Buyer Agency

3.00%

Transaction Coordinator

3.00%

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.