Active

4290 & 4386 US-31 N

Traverse City MI, 49686

$3,300,000


$20.53 per sqft

Active

3.69 Acres

Land

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.

1920302

MLS ID

March 18, 2024

Listed

November 22, 2024

Updated

Map

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

Exterior/Building Features

Lot Size

3.69 Acres


Lot Features

Level, Cleared


Sewer

Public Sewer, Municipal

School Information

School District

Traverse City Area Public Schools

Other Property Details

Days on Market

186


Association Fee Frequency

Yearly


Garage

No


View

Yes


View Description

Water, Bay View, Bay


County

Grand Traverse


Municipality

Acme


Water Source

Public, Private, Private Well


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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