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1764 N US Highway 31 N
Traverse City, MI 49686
Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • 300' of highly trafficked frontage

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
6,059 SF
Building Class
C
Year Built
1982
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.45 AC
Zoning
CR - Commercial
Parking
100 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
200’ on US 31

AMENITIES

  • Atrium
  • Restaurant
  • Signage
  • Tenant Controlled HVAC
  • Storage Space
  • Recessed Lighting
  • Air Conditioning

ABOUT 1764 N US HIGHWAY 31 N , TRAVERSE CITY, MI 49686

Attention restaurateurs & hotel developers! Prime, high-visibility, commercial property located on Traverse City's thriving east side. 300' of highly trafficked frontage now available consisting of two parcels of record. Parcel one includes the former Ruby Tuesday restaurant with 1.4 acres and ample parking featuring: approx 220 seats; waiting area; salad bar; 2 large walk-ins; dishwasher; private office; banquet dining area; and outdoor seating on deck. Parcel two currently houses The Swan's Nest novelty store and sits on 0.8 acres. The two parcels combined with flexible zoning will afford a multitude of possibilities for the smart investor. Located across the street from East Grand Traverse Bay and minutes to Grand Traverse Resort, public beaches, downtown Traverse City, and all local attractions.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03-208-048-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$948,600
  • Listing ID: 17792645

  • Date on Market: 11/22/2019

  • Last Updated:

  • Address: 1764 N US Highway 31 N, Traverse City, MI 49686

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