2700 N Us-31, Traverse City, MI

Land for Sale - $2,200,000 - 0 acres


Agent Info

Dan Stiebel
Coldwell Banker Schmidt

Property Info

CIMLS#1060225
Location
  2700 N Us-31
  Traverse City MI 49684
UpdatedDecember 11th, 2019
TypeLand
Price$2,200,000
Land0 acres

Contact


Property Description

Unbelievable development opportunity on main commercial thoroughfare for retail, restaurant and hospitality on US-31 N. With 204 feet of prime frontage, this 3.84 acre parcel has high traffic counts, is adjacent to several dealerships, Grand Traverse Mall, Red Lobster, Olive Garden, automotive parts stores, Lowe's, among others... and it is in the federal Opportunity Zone! It is zoned general commercial (CG) and allows for multiple uses including a car dealership, restaurant, retail, hotel, bar, indoor entertainment, personal & business services, theater, auto service & repair, financial institution, offices, and more. Owner would entertain lot split or ground lease offers as well as outright sale. No value to existing structures.


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