4290 Us-31 N
Traverse City, MI 49686

$1,690,000

Description

Great location with high traffic counts, great visibility and unobstructed views of Grand Traverse Bay. Currently there is a 14,641 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 up into multiple businesses, added onto, or removed. Land is zoned Commercial Corridor allowing for mixed use development.

Details

MLS#1854138
StyleRetail
Sub-TypeResale
StatusActive
Year1949
Days On Site253

Features

SQ Feet14,641
Story(s)1
ZoningMulti-Family,Office,Retail

Market Activity 49686

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Area Information

StateMI
CountyGrand Traverse
CityTraverse City
Zip Code49686
AreaGrand Traverse
Listing VS Median (in 49686)
Price:
$1,690,000
low | high
Med:
$275,000
100% of Average
SqFt:
14,641
low | high
Med:
0
100% of Average
$ / SqFt:
$115
low | high
Med:
$0
100% of Average
On Site:
253
low | high
Med:
266
95.112781954887% of Average
Listing Updated: 06/25/2019
MLS Number: 1854138
Listing Provided By:
Stiebel 1690000  of  Coldwell Banker Schmidt-522
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