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520 Railroad Ave
Traverse City, MI 49686
2 Lots · Land For Sale
·
1.46 AC
Investment Highlights
- Pad Ready Development Parcel
- Close to Shopping, Transportation, Recreation and Restaurants
Executive Summary
This 1.46 Acre development parcel sits in the center of Traverse City with multi-modal opportunities with easy motorized access east-west along E Eighth Street and north south along Woodmere Ave. and non-motorized access to the TART Trail and the newly
constructed Boardman Lake Loop. There is also a BATA Bus Stop on Woodmere Avenue for a public transportation option. The site is ready to be built and would make a wonderful multi-family infill development that is close to shopping, transportation, recreation and restaurants.
constructed Boardman Lake Loop. There is also a BATA Bus Stop on Woodmere Avenue for a public transportation option. The site is ready to be built and would make a wonderful multi-family infill development that is close to shopping, transportation, recreation and restaurants.
Property Facts Under Contract
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Commercial |
| Property Type | Land | Total Lot Size | 1.46 AC |
| Zoning | C-1 - Commercial | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 1.46 AC |
| Zoning | C-1 - Commercial |
1 Lot Available
Lot
| Price | $1,575,000 | Lot Size | 1.46 AC |
| Price Per AC | $1,078,767.12 |
| Price | $1,575,000 |
| Price Per AC | $1,078,767.12 |
| Lot Size | 1.46 AC |
Includes two parcels. 520 Railroad Ave - Southwest corner of the intersection of Station St and Railroad Ave. 648 Railroad Place - Southwest corner of Railroad Ave and Railroad Place.
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