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4290 N US Highway 31 N
Traverse City, MI 49686

Retail Property For Sale

Retail Buildings Michigan Traverse City 4290 N US Highway 31 N, Traverse City, MI 49686

Executive Summary

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.

PROPERTY FACTS

Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
15,682 SF
Building Class
C
Year Built/Renovated
1949/2007
Price
$1,600,000
Price Per SF
$102
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
1.50 AC
Zoning
C-Corridor Commercial
Parking
50 Spaces (3.19 Spaces per 1,000 SF Leased)

Amenities

  • Security System
  • Air Conditioning
 

  • Listing ID: 31351645

  • Date on Market: 3/28/2024

  • Last Updated:

  • Address: 4290 N US Highway 31 N, Traverse City, MI 49686

The Retail Property at 4290 N US Highway 31 N, Traverse City, MI 49686 is currently available for sale. Contact Coldwell Banker Schmidt Realtors for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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