Description
C3 Elmwood Township. Great way to own Traverse City property without Traverse City Taxes! Total of 1.787 acres zoned neighborhood commercial. Currently adorable renovated cottage with excellent vacation rental history is ready to go. Hardly trying you get $14,000 for the summer season, high season $250 a night, hit it hard could easily double that. C Automatically pays for the property while you do what you want to do. This is 2 parcels you would be buying. Storage on the property as well. Could be an awesome Ice cream store, ( even have a name picked out, only for serious inquiries will we tell! ) general store, boat/toy storage facility, apartments, office with excellent road visibility, restaurant, could be multi family housing. Have a wetland study done so you know the percentage of the property that is available. Estimates are 20 unit density if you do multi floors. So much potential. Seller is relocating to another area of northern Michigan and the only reason this is on the market. Beautiful Shetland Creek fronts 3/4 of this property. A truly cool Commerical piece with great traffic counts and visibility. Want to get out of the big city and have it all....it is right here! Agent/owner.
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0BEDS
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1.8ACRES
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0BATHS
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01/2 BATHS
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960SQFT
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$349$/SQFT
School Ratings & Info
Description
C3 Elmwood Township. Great way to own Traverse City property without Traverse City Taxes! Total of 1.787 acres zoned neighborhood commercial. Currently adorable renovated cottage with excellent vacation rental history is ready to go. Hardly trying you get $14,000 for the summer season, high season $250 a night, hit it hard could easily double that. C Automatically pays for the property while you do what you want to do. This is 2 parcels you would be buying. Storage on the property as well. Could be an awesome Ice cream store, ( even have a name picked out, only for serious inquiries will we tell! ) general store, boat/toy storage facility, apartments, office with excellent road visibility, restaurant, could be multi family housing. Have a wetland study done so you know the percentage of the property that is available. Estimates are 20 unit density if you do multi floors. So much potential. Seller is relocating to another area of northern Michigan and the only reason this is on the market. Beautiful Shetland Creek fronts 3/4 of this property. A truly cool Commerical piece with great traffic counts and visibility. Want to get out of the big city and have it all....it is right here! Agent/owner.
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