4290,4386,4444 Us-31 N, Traverse City

$2,650,000

0 Beds
0 Baths
22,520 Sqft
3.91 Acres
0 Garages

Incredible visibility for this site with over 700' on US-31 and unobstructed views of East Grand Traverse Bay. The site is 3.9 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 hotel, restaurant, retail, office, multi-family 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.

Essential Information
MLS® #1869168
Price$2,650,000
Bathrooms0.00
Square Footage22,520
Acres3.91
Year Built1948
TypeCommercial
StatusActive
Sub-Type

Retail/Commercial, Commercial Sale

Community Information
Address4290,4386,4444 Us-31 N
SubdivisionN/A
CityTraverse City
CountyGrand Traverse
StateMichigan
Zip Code49686
Amenities
ParkingParking Lot
Utilities

WATER: Private Well SEWER: Municipal

Features

Overhead Door(s), 14ft Ceiling Height, Other

Interior
BasementPoured Concrete, Slab, Other
Heating

Natural Gas, Forced Air, Central Air

Exterior
Exterior FeaturesLog Siding, Block
Lot DescriptionIrregular
RoofAsphalt, Membrane
ConstructionTimber Frame, Block, Frame
Additional Information
Date ListedOctober 31st, 2019
Days on Market156
Zoning

Multi-Family, Office, Retail, Commercial, Restaurant/Food, Motel/Hotel

Listing Details
OfficeColdwell Banker Schmidt-522
Office Address522 E Front St
Property History
Status Changed from New to Active

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Krause Realty Solutions

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