4290,4386,4444 US-31 N
Traverse City, MI 49686
$2,650,000
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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.

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Property Details
Status: Active
Listing Date 10/31/2019
County: Grand Traverse
Acreage: 3.91
Lot Dimensions: Irregular
Price/SqFt: $118
Zoning: Commercial, Motel/Hotel, Multi-Family, Office, Restaurant/Food, Retail
Current Use: Restaurant/Food Service,Manufacture/Warehouse,Office Building,Retail Store
Water: Private Well
Features: 14ft Ceiling Height, Other, Overhead Door(s)
Sub Property Type: Retail/Commercial
Possession: Negotiable
Total Finished SqFt: 22,520
Year Built: 1948
Parking: Parking Lot
Exterior Features: Block, Log Siding
Cooling: Central Air, Forced Air, Natural Gas
Heating: Central Air, Forced Air, Natural Gas
 
Listing Office: Coldwell Banker Schmidt-522
Office Address: 522 E Front St
Listing Number: 1869168
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