1215 Grand Traverse Street - Grand Traverse Multi-Family Development 1 Acre of Commercial Land Offered at $229,900 in Flint, MI 48502

1215 Grand Traverse Street presents an opportunity to acquire a centrally located development site positioned along S. Grand Traverse Street with direct visibility from Interstate 69. Comprised of contiguous parcels totaling approximately one acre, the property is zoned MR-2 (Mixed Residential Medium Density), a designation intended to accommodate higher-density residential development, including low- to mid-rise multifamily projects, campus-style residential communities, and select supporting neighborhood commercial and community-oriented uses.
The site's location within Flint provides convenient access to Downtown Flint, Interstate 69, Interstate 475, major employment centers, educational institutions, healthcare facilities, and neighborhood services. Direct interstate visibility enhances exposure for future development while the surrounding transportation network supports efficient connectivity throughout Genesee County and the broader Mid-Michigan region.
MR-2 zoning allows for a range of residential development concepts that may incorporate multiple buildings, internal circulation systems, shared open space, and resident-focused amenities. The district may also permit limited neighborhood-serving commercial uses and complementary institutional uses such as schools, community facilities, religious institutions, and parks, subject to applicable municipal regulations.
Adding to the investment appeal, the property is located within Opportunity Zone Census Tract 26049002800, where qualifying investments may be eligible for applicable Opportunity Zone tax benefits. Combined with its urban location, development flexibility, and interstate visibility, the site offers a compelling opportunity for residential developers, investors, and organizations seeking a well-positioned infill development parcel.