Active
4290 & 4386 US-31 N
Traverse City MI, 49686
$3,300,000
Active
Residential
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.
1920302
MLSⓇ ID
March 18, 2024
Listed
May 9, 2024
Updated
Map
4290 & 4386 US-31 N
Traverse City MI, 49686
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
3.69 Acres
Exterior Features
Bay View, Development Property
Lot Features
Level, Cleared
School Information
School District
0
Other Property Details
Area Name
Grand Traverse
Days on Market
25
Garage
No
View
No
County
Grand Traverse
Municipality
Acme
Water Source
Municipal Water, Private Well
Pool
No
Waterfront
Yes
Zoning
Multi-Family,Commercial,Office,Splits Available
Buyer Agency Compensation
3%
Listed by Daniel Stiebel with Coldwell Banker Schmidt-522
Listing Contact: 231-929-2300
The IDX display contains information sourced from the Northern Great Lakes REALTORS® MLS as of 5/9/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 5/9/2024 at 10:38 AM UTC