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4290 Us-31 N

Traverse City, MI 49686
  • $1,600,000
  • STATUS: Active
  • ON SITE: 46 Days
  • MLS #: 1919805
$1,600,000
  • 0
    BEDS
  • 1.5
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 15,682
    SQFT
  • $102
    $/SQFT
Neighborhood:
N/A
Type:
Commercial
Built:
1949
County:

School Ratings & Info

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.

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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: 2024-04-03T23:52:00.493.
www.brickcorbett.com/homes/148240261
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4290 Us-31 N Traverse City, MI 49686

  • Price: $1,600,000
  • Status: Active
  • On Site: 46 Days
  • MLS #: 1919805
0
Beds
3
Baths
0
½ Baths
1.5
Acres
15,682
SQFT
$102
$/SQFT
1949
Built
Neighborhood:
N/A
County:
Grand Traverse
Area:
Grand Traverse
Property 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.
Exterior Features

Construction Timber FrameBlockFrame Exterior Features Log SidingBlock Foundation Poured Concrete 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 Furniture Deeded Waterfront No Documents On File Survey Eco Features No Extras Overhead Door(s)14ft Ceiling Height 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 Taxable Value 484305 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: 2024-04-03T23:52:00.493.
 
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Brick & Corbett
500 S Union Street
Traverse City MI, 49686