About 4290 Us-31 N
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.
Features of 4290 Us-31 N
| MLS® # | 1919805 |
|---|---|
| Price | $1,600,000 |
| Bathrooms | 3.00 |
| Square Footage | 15,682 |
| Acres | 1.50 |
| Year Built | 1949 |
| Type | Commercial |
| Sub-Type | Retail/Commercial, Commercial Sale |
| Status | Active |
Community Information
| Address | 4290 Us-31 N |
|---|---|
| Subdivision | N/A |
| City | Traverse City |
| County | Grand Traverse |
| Province | Michigan |
| Postal Code | 49686 |
Amenities
| Utilities | WATER: Private Well SEWER: Municipal |
|---|---|
| Features | Overhead Door(s), 14ft Ceiling Height |
| Parking | Parking Lot |
| Is Waterfront | No |
Interior
| Heating | Natural Gas, Forced Air, Central Air |
|---|---|
| Has Basement | No |
| Basement | Poured Concrete |
Exterior
| Exterior Features | Block, Log Siding |
|---|---|
| Lot Description | see survey |
| Roof | Asphalt, Membrane |
| Construction | Timber Frame, Block, Frame |
Additional Information
| Date Listed | March 1st, 2024 |
|---|---|
| Days on Market | 325 |
| Zoning | Multi-Family, Office, Retail, Commercial, Restaurant/Food, Motel/Hotel |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Coldwell Banker Schmidt Traverse City |
|---|