2105 US-31 S

Price: $ 1,650,000.00

Prime development opportunity located near Mall and shopping corridor. The property has recently been rezoned to R-3 Multi-Family Residential zoning, which allows for a large apartment development. Conveniently located between Traverse City and Chum's Corner, this 18.13 acre parcel features 428' of frontage on US 31, natural beauty with a development envelope surrounded by mature trees and a creek on 2 sides. Five residential homes and a small commercial building currently generate income while you work out your development plans.

Basic Features:

Listing # 1898916
City: Traverse City
State: MI
Zip: 49684
Area: Grand Traverse
Township: Garfield
Acres: 18.13
Dimensions:
Topography: Corner Lot

Additional Features:
Property Status: Active U/C Taking Backups Present Use:
Miscellaneous: Amenities: None
Utilities Available: Electric,Natural Gas Road: Public Maintained
Zoning: Multi-Family,Splits Available Land Use Restr:
Water Installed: Private Well Water Options: Municipal Water
Waste Installed: Municipal Waste Options: Municipal
Waterfront Type: Documents: None
Financing:  

Listing courtesy of Three West, LLC
1131 E. Eighth Street , Traverse City , MI 49686