Active

4290 & 4386 US-31 N

Traverse City MI, 49686

$3,300,000


$146.54 per sqft

Active

22,520 sqft

Commercial

Built in 1948

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.

1920306

MLS ID

March 18, 2024

Listed

November 22, 2024

Updated

Map

4290 & 4386 US-31 N
Traverse City MI, 49686

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air, Natural Gas

Exterior/Building Features

Lot Size

3.69 Acres


Lot Features

Freestanding


Roof

Asphalt, Membrane


Sewer

Public Sewer

Other Property Details

Days on Market

186


Association Fee Frequency

Yearly


Garage

No


Parking

Parking Lot


View

No


County

Grand Traverse


Municipality

Acme


Water Source

Private


Pool

No

Listed by with Coldwell Banker Schmidt Traver
Listing Contact:  

The IDX display contains information sourced from the Northern Great Lakes REALTORS® MLS as of 11/22/2024. 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.

©2024 Northern Great Lakes REALTORS® MLS all rights reserved.

Data last updated on 11/22/2024 at 11:19 AM UTC

 

 

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