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1818 US 31 N - 1818 US-31, Traverse City, MI 49686 0.76 Acres of Commercial Land Offered at $700,000 in Traverse City, MI 49686

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INVESTMENT HIGHLIGHTS

Heavy traffic
Trail connectivity
Many hotel rooms in the area

Ready-to-build
Flexible zoning
New buildings on both sides

EXECUTIVE SUMMARY

Seize the opportunity to invest in a rare, ready-to-build vacant parcel in the "Miracle Mile" of East Bay Township of Traverse City, Michigan. This exceptional piece of property is a blank canvas, primed and waiting for your vision. Note that the south side of this property abuts to the TART Trail. This is a big bonus to its accessibility and usability. With a new Green Mitt full service carwash to the east, a new Dairy Queen to the west, and hundreds of existing and new hotel rooms in a mile or two radius, this property is surrounded by incredible assets. Whether you’re an investor, developer, or a prospective franchisee, this parcel offers endless possibilities. Perfect for, commercial, residential, or mixed-use development, the property’s zoning flexibility allows for a variety of building opportunities to suit your needs. Zoned Regional Business. Allowable uses and zoning information on file. Enjoy close proximity to Traverse City’s vibrant downtown, shopping, dining, schools, and recreational facilities. Less than 3 miles from TVC Cherry Captial Airport.

1818 US 31 N Water Service Lead report

East Bay Township Zoning Map

East Bay Township Zoning Land Use Table

Regional Business Zoning Uses

PROPERTY FACTS

Price	$700,000	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Commercial Office Mixed Use Multifamily Single Family Residence
No. Lots	1	Total Lot Size	0.76 AC
Property Type	Land	No. Stories	1
Zoning	Regional Business - Commercial Zoned District

Price	$700,000
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Office Mixed Use Multifamily Single Family Residence
Total Lot Size	0.76 AC
No. Stories	1
Zoning	Regional Business - Commercial Zoned District

1 LOT AVAILABLE

Lot

Price	$700,000	Lot Size	0.76 AC
Price Per AC	$921,052.63

Price	$700,000
Price Per AC	$921,052.63
Lot Size	0.76 AC

THE E 100' OF W 400' OF GOVT LOT 4 LYINGS OF US-31 NORTH SEC 8 T27N R10W EXCEPT TRACT "A' DESCRIBED IN LIBER 1190 PAGE 070

DESCRIPTION

One of the last vacant parcels available on Traverse City's 'Miracle Mile'. This is a high visability highly trafficked location with flexible zoning to allow for your ideal use.

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