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Northern Great Lakes REALTORS MLS™

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4290 & 4386 US-31 N

Traverse City, MI 49686

$3,300,000

MLS #1920302

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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.


Overview

Acres:

3.69 acres

Township:

Acme

County:

Grand Traverse

School District:

Traverse City Area Public School

Dimensions:

See survey

Watefront:

No


Features

Road:

Public Maintained, Blacktop

Land Features:

Level, Cleared

Water Features:

Water View, 4215

Utilities:

Electric, Natural Gas

Zoning:

Multi-Family, Commercial, Office, Splits Available

Amenities:

Trails

Daniel Stiebel

Coldwell Banker Schmidt-522

dan@realestatetc.comwww.realestateTC.com

Compensations

Sub Agency

0.00%

Buyer Agency

3.00%

Transaction Coordinator

0.00%

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