Price: $ 3,300,000.00
Square Ft.: 22520
Price/SQFT: $ 146.54

Incredible visibility for this site with over 700' on US-31 and unobstructed views of East Grand Traverse Bay. The site is 3.69 acres, has high traffic counts, and the Traverse Area Recreational Trail (TART) borders the entire back of the property for easy biking downtown. Existing businesses will move so the entire site can be redeveloped. Great opportunity for multi-family, hotel, restaurant, retail, office and more. Currently there are 3 buildings on the property with a combined square footage of 22,520. There are 4 driveways, plenty of parking and an outdoor playground. The existing buildings could be used as is, split into multiple businesses, added onto, or removed. Zoned Commercial Corridor allowing for mixed use development.

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Basic Features:

Listing # 1920306
City: Traverse City
State: MI
Zip: 49686
Area: Grand Traverse
Neighborhood:
Acres: 3.69
Square Ft: 22520

Additional Features:

Basement: Poured Concrete,Slab,Other	Location: Freestanding
Business Included: No	Lot:
Business Name: Woodland Creek et al.	Miscellaneous:
Construction: Timber Frame,Block,Frame	Documents:
Zoning: Multi-Family,Office,Retail,Commercial,Restaurant/Food,Motel/Hotel	Possession: Negotiable
Deeded Water: No	Property Status: Active
Dimensions: see survey	Real Estate Included: Yes
Directions: 0.2 miles north of Holiday Hills Rd. across from East Bay between Burger King and Murdicks Fudge.	Remodeled: 2007
Days On Market: 55	Road Frontage: Public Maintained,Blacktop
Days On MLS: 55	Roofing: Asphalt,Membrane
ECO Features: No	For Sale Or Lease: For Sale
Extras: Overhead Door(s),14ft Ceiling Height,Other	For Sale Or Rent: For Sale
Financing:	Special Assessment:
Floor Type:	Township: Acme
Heating/Cooling: Natural Gas	Vacant: No
Heating/Cooling Type: Forced Air,Central Air	Water:
Inventory Included: No	Year Built: 1948
Licenses: None

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Listing courtesy of Coldwell Banker Schmidt-522
522 E Front St , Traverse City , MI 49686