1818 US 31 N - 1818 US-31, Traverse City, MI 49686
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1818 US 31 N - 1818 US-31, Traverse City, MI 49686
0.76 Acres of Commercial Land Offered at $675,000 in Traverse City, MI 49686
Investment Highlights
- Heavy traffic
- Trail connectivity
- Many hotel rooms in the area
- Ready-to-build
- Flexible zoning
- New buildings on both sides
Executive Summary
Seize the opportunity to invest in a rare, ready-to-build vacant parcel in the "Miracle Mile" of East Bay Township of Traverse City, Michigan. This exceptional piece of property is a blank canvas, primed and waiting for your vision. Note that the south side of this property abuts to the TART Trail. This is a big bonus to its accessibility and usability. With a new Green Mitt full service carwash to the east, a new Dairy Queen to the west, and hundreds of existing and new hotel rooms in a mile or two radius, this property is surrounded by incredible assets. Whether you’re an investor, developer, or a prospective franchisee, this parcel offers endless possibilities. Perfect for, commercial, residential, or mixed-use development, the property’s zoning flexibility allows for a variety of building opportunities to suit your needs. Zoned Regional Business. Allowable uses and zoning information on file. Enjoy close proximity to Traverse City’s vibrant downtown, shopping, dining, schools, and recreational facilities. Less than 3 miles from TVC Cherry Captial Airport.
Property Facts
| Price | $675,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Mixed Use |
| No. Lots | 1 | Total Lot Size | 0.76 AC |
| Property Type | Land |
| Price | $675,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Mixed Use |
| Total Lot Size | 0.76 AC |
1 Lot Available
Lot
| Price | $675,000 | Lot Size | 0.76 AC |
| Price Per AC | $888,158 |
| Price | $675,000 |
| Price Per AC | $888,158 |
| Lot Size | 0.76 AC |
THE E 100' OF W 400' OF GOVT LOT 4 LYINGS OF US-31 NORTH SEC 8 T27N R10W EXCEPT TRACT "A' DESCRIBED IN LIBER 1190 PAGE 070
Description
One of the last vacant parcels available on Traverse City's 'Miracle Mile'. This is a high visability highly trafficked location with flexible zoning to allow for your ideal use.
PROPERTY TAXES
| Parcel Number | 03-208-048-30 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $198,300 |
PROPERTY TAXES
Parcel Number
03-208-048-30
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$198,300
zoning
| Zoning Code | Regional Business (Commercial Zoned District) |
| Regional Business (Commercial Zoned District) |
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1818 US 31 N - 1818 US-31, Traverse City, MI 49686
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