4290 Us-31 N, Traverse City, MI

Retail for Sale - $1,600,000 - 15,682 Sq. Ft.


Agent Info

Dan Stiebel
Coldwell Banker Schmidt

Property Info

CIMLS#1156091
Location
  4290 Us-31 N
  Traverse City MI 49686
UpdatedMarch 22nd, 2024
TypeRetail
Price$1,600,000
Building15,682 Sq. Ft.

Property Description

Incredible unobstructed views of Grand Traverse Bay from this prime development site on high traffic commercial cooridor with great visibility. Currently there is a 15,682 SF building on the property with 2 driveways and plenty of parking. The site is 1.5 acres. The TART trail runs along the back of the property and there is a large outdoor play structure on the property. This is a great redevelopment opportunity for retail, hospitality, restaurant, office, multi-family and more. The existing building could be used as is, split into multiple businesses, added onto, or removed. Land is zoned Commercial Corridor allowing for mixed use development. Size of existing building taken from tax record and to be confirmed by buyer.


Financials


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