4230 M-72 E

Price: $ 2,300,000.00
Square Ft.: 12259
Price/SQFT: $ 187.62

Outstanding investment opportunity! This shovel-ready building site is ready for new mixed-use construction. Situated in a fantastic location on a busy thoroughfare, this 4.35-acre parcel is currently zoned for multi-story/mixed use and short term rentals, and has an approved PD to accommodate a building footprint of 32,300 sq ft with a 45-foot height requirement, allowing for retail space on floor 1 for up to 19 units, and 2 floors of residential condominium units. All site infrastructure is fully developed, including underground sewer, water, electric, cable, and storm water management - imagine the possibilities! Included is a 12,000 sq ft mixed-use building known to locals as the former Williamsburg Dinner Theatre. Located just a 1/4 mile from the east arm of Grand Traverse Bay and the newly renovated public Bayside Park. Directly adjacent to Acme Meijer, 3.5 miles from Turtle Creek Casino, and less than 1.5 miles from the Grand Traverse Resort & Spa and its renowned golf courses "The Bear", "The Wolverine", and "Spruce Run". For those seeking adventure, this property also features direct access to the TART Trail and the newly constructed bridge over cascading Acme Creek, connecting the adjoining KOTI property- Traverse City's newest luxury vacation rental experience.

Basic Features:

Listing # 1917681
City: Williamsburg
State: MI
Zip: 49690
Area: Grand Traverse
Neighborhood:
Acres: 4.35
Square Ft: 12259

Additional Features:
Basement: Block Location: Freestanding
Business Included: No Lot:
Business Name: Williamsburg Event Center Miscellaneous:
Construction: Frame Documents:
Zoning: Retail,Commercial,Planned Unit Development Possession: Negotiable
Deeded Water: No Property Status: Active
Dimensions: TBD Real Estate Included: Yes
Directions: From Traverse City, take US-31 N to E M-72 in Acme and turn right. Property is on the right, just past KOTI Vacation Rentals and Northern Michigan Veterinary Hospital. Remodeled:
Days On Market: 177 Road Frontage: Public Maintained,Blacktop
Days On MLS: 177 Roofing: Other
ECO Features: No For Sale Or Lease: For Sale
Extras: Other For Sale Or Rent: For Sale
Financing: Special Assessment:
Floor Type: Township: Acme
Heating/Cooling: Natural Gas Vacant: Yes
Heating/Cooling Type: Forced Air,Other Water:
Inventory Included: No Year Built: 1990
Licenses: Other  

Listing courtesy of REMAX Bayshore - W Bay Shore Dr TC
12930 S West Bay Shore Dr , Traverse City , MI 49684