4290 &Amp 4386 US-31 N Traverse City, MI 49686

Property Photo: 4290 &Amp 4386 US-31 N MI 49686

Listing Courtesy of: NORTHERN GREAT LAKES / Coldwell Banker Schmidt Realtors / Daniel "Dan" Stiebel

4290 &Amp 4386 US-31 N Traverse City, MI 49686

Active (185 Days)

$3,300,000

3.69

ACRES

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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.

MLS #:
1920302

Lot Size
3.69 acres

Type
Land

Views
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School District
Traverse City Area Public School

County
Grand Traverse County

Community
Acme

Listed By

Daniel "Dan" Stiebel, Coldwell Banker Schmidt Realtors

Source
NORTHERN GREAT LAKES
Last checked Sep 18 2024 at 10:45 AM GMT+0000

Bathroom Details

Subdivision

Lot Information

Level
Cleared

Utility Information

Utilities: Electric, Natural Gas

Location

Map View | Street View

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Disclaimer: Copyright 2024 Northern Great Lakes Realtors MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is 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. Data last updated 9/18/24 03:45

Coldwell Banker^® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. Schmidt Real Estate, LLC fully support the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. Any services or products provided by independently owned and operated franchises are not provided by, affiliated with, or related to Coldwell Banker Real Estate LLC or any of its affiliated companies. All information, including concessions for agent commissions, are presented as an invitation to submit an offer only, and must be included in the purchase agreement.