4290,4386,4444 Us-31 N, Traverse City, MI

Retail for Sale - $2,650,000 - 22,520 Sq. Ft. on 0 acres


Agent Info

Dan Stiebel
Coldwell Banker Schmidt

Property Info

CIMLS#1061224
Location
  4290,4386,4444 Us-31 N
  Traverse City MI 49686
UpdatedSeptember 22nd, 2020
TypeRetail
Price$2,650,000
Building22,520 Sq. Ft.
Land0 acres

Contact


Property Description

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.