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4290 & 4386 Us-31 N

Traverse City, MI 49686
  • $3,300,000
  • STATUS: Active
  • ON SITE: 35 Days
  • MLS #: 1920306
$3,300,000
  • 0
    BEDS
  • 3.69
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 22,520
    SQFT
  • $147
    $/SQFT
Neighborhood:
N/A
Type:
Commercial
Built:
1948
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. © 2024 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2024-04-21T15:46:18.873.
www.housestraversecity.com/homes/148679775
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4290 & 4386 Us-31 N Traverse City, MI 49686

  • Price: $3,300,000
  • Status: Active
  • On Site: 35 Days
  • MLS #: 1920306
0
Beds
0
Baths
0
½ Baths
3.69
Acres
22,520
SQFT
$147
$/SQFT
1948
Built
Neighborhood:
N/A
County:
Grand Traverse
Area:
Grand Traverse
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

Construction Timber FrameBlockFrame Exterior Features Log SidingBlock Foundation Poured ConcreteSlabOther Lot Dimensions see survey Parking Parking Lot Road Public MaintainedBlacktop Roof AsphaltMembrane

Interior Features

Heating Cooling Type Forced AirCentral Air

Property Features

Business Incl No Business Name Woodland Creek et al. Deeded Waterfront No Documents On File Survey Eco Features No Extras Overhead Door(s)14ft Ceiling HeightOther Heating Cooling Source Natural Gas Included In Lease None Inventory Incl No Licenses None Listing Agreement Type Exclusive Right to Sell Location Freestanding Possession Negotiable Present Use Restaurant/Food ServiceManufacture/WarehouseOffice BuildingRetail Store Real Estate Incl Yes Sale Or Lease For Sale Sale Rent For Sale Section Number 9 Sewer Municipal Terms Conventional MortgageCommercial LoanCash1031 Exchange Township Acme Type Retail/Commercial Type Of Ownership Private Owner Univs Design Barrier Free Main Floor AccessNo Steps Entry Vacant Land No Water Private Well Year Remodeled 2007 Zoning Multi-FamilyOfficeRetailCommercialRestaurant/FoodMotel/Hotel

Listing information © 2024 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. © 2024 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2024-04-21T15:46:18.873.
 
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Team Dakoske | RE/MAX Bayshore
500 S. Union
Traverse City MI, 49684