$1,499,000

4290 Us-31 N

Traverse City MI, 49686

Description

Great location with high traffic counts, great visibility and unobstructed views of Grand Traverse Bay. Currently there is a 14,169 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 Site422

Features

SQ Feet14,169
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:
$1,499,000
low | high
Med:
$249,999
100% of Average
SqFt:
14,169
low | high
Med:
1,008
100% of Average
$ / SqFt:
$106
low | high
Med:
$248
84.431143976937% of Average
On Site:
422
low | high
Med:
36
100% of Average
Listing Updated: 12/11/2019
MLS Number: 1854138
Listing Provided By:
Stiebel 1499000  of  Coldwell Banker Schmidt-522
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Northern Great Lake Realtors® MLS.