4290 & 4386 Us-31 N Traverse City, MI $ 3,300,000
4290 & 4386 Us-31 N
$ 3,300,000
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4290 & 4386 Us-31 N

Traverse City, MI, 49686
$ 3,300,000
Baths0.0

Monthly Estimate*

$ 21,933

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Studio

Lots and Land for sale in Traverse City, MI

for $3,300,000. The lot size is 3.69.

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.

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Lots and Land Active

Price

$ 3,300,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Vacant Land

Lot Size

3.69

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

80015666

Features
General
Possession Negotiable (Possession)
Water Private Well
Status Active Active
Subdivision N/A MI
County Grand Traverse
Class VACANT LAND
Type Vacant Land
Percent Ownership Private
Municipality Acme Twp
Section 9
Zoning Multi-Family Professional Office Commercial
Utilities Electricity Available Natural Gas Available Sewer Available Sewer Connected Water Available
Area Acme Twp (28001)
Primary City Traverse City
Directions 0.2 miles north of Holiday Hills Rd. across from East Bay between Burger King and Murdicks Fudge.
City Traverse City
School District Traverse City Area Public School
Street Name US-31 N
Financial Terms Cash Conventional Exchange/Trade
Legal Description 2 Tax Parcels. Partial from tax record: PARCEL A: PART OF THE SOUTHEAST 1/4 OF SECTION 9 TOWN 27 NORTH RANGE 10 WEST ACME TOWNSHIP GRAND TRAVERSE COUNTY
DOM 78
Postal Code 49686
Price Per Sq Ft Total 894308.94
Coming Soon 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
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Exterior
Lot Size Area 3.69
Lot Dimensions see survey
Lot Description Cleared
Water Features Water View
Waterfront Y/N No
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* Excluded Features
List By
Daniel Stiebel

Listing Agent

Coldwell Banker Schmidt-522

Broker

dan@realestatetc.com

Email

Affordability Calculator

$21,933
Per Month
100%
0%
0%
Monthly Principal & Interest
$21,933
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3769590 Elementary School
3769595 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/18/2024$3,300,000 Listed Price

Map


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4290 & 4386 Us-31 N, Traverse City, MI, 49686 is a Lots and Land for sale at $3,300,000 with a lot size of 3.69. 4290 & 4386 Us-31 N is a studio with 0.0 baths. The property's zip code is 49686 which is in Traverse City, MI