1764-1818 Us-31 N, Traverse City

$2,250,000

0 Beds
2 Baths
6,043 Sqft
2.2 Acres
0 Garages

Attention restaurateurs & hotel developers! Prime, high-visibility, commercial property located on Traverse City's thriving east side. 300' of highly trafficked frontage now available consisting of two parcels of record. Parcel one includes the former Ruby Tuesday restaurant with 1.4 acres and ample parking featuring: approx 220 seats; waiting area; salad bar; 2 large walk-ins; dishwasher; private office; banquet dining area; and outdoor seating on deck. Parcel two currently houses The Swan's Nest novelty store and sits on 0.8 acres. The two parcels combined with flexible zoning will afford a multitude of possibilities for the smart investor. Located across the street from East Grand Traverse Bay and minutes to Grand Traverse Resort, public beaches, downtown Traverse City, and all local attractions.

Essential Information
MLS® #1869554
Price$2,250,000
Bathrooms2.00
Square Footage6,043
Acres2.20
Year Built1982
TypeCommercial
Sub-TypeHospitality, Commercial Sale
StatusActive
Community Information
Address1764-1818 Us-31 N
Subdivisionmetes & bounds
CityTraverse City
CountyGrand Traverse
StateMichigan
Zip Code49686
Amenities
FeaturesSecurity System, Phone System
Parking Spaces100
ParkingPaved, Parking Lot
Utilities

WATER: Municipal Water SEWER: Municipal

Interior
BasementSlab
Heating

Natural Gas, Central Air, Forced Air, Mutiple Units

Exterior
Exterior FeaturesBrick, Steel, Aluminum
Lot Description300x330
RoofMetal/Steel
ConstructionFrame, Steel, Brick
Additional Information
Date ListedNovember 12th, 2019
Days on Market143
Zoning

Commercial, Retail, Restaurant/Food, Motel/Hotel

Listing Details
OfficeColdwell Banker Schmidt-402
Office Address402 E Front Street
Property History
Status Changed from Price Change to Active
Status Changed from Active to Price ChangePrice Reduced from $2,500,000 to $2,250,000
Status Changed from New to Active

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The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright © Northern Great Lakes REALTORS® MLS. All Rights Reserved.

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