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Executive Summary
Rare opportunity to own a large outdoor sales lot in one of Traverse City's most visible commercial corridors. Situated on US-31 between the Grand Traverse Mall and Chums Corners, this 1.55-acre property offers excellent signage and exposure to high traffic counts. The site includes a 1,350 SF office and shop building, with the shop area featuring drive-thru garage doors and an oil and water separator in the floor drain; ideal for automotive, equipment, or service-related uses. Comprised of two parcels, the property offers flexible zoning: the US-31 frontage lot is zoned CG (Commercial), while the eastern lot is zoned IG (Industrial), opening the door to a wide variety of permitted uses. Outdoor sales lots of this size with this kind of visibility are hard to find.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
1,350 SF
Building Class
C
Year Built
2001
Price
$650,000
Price Per SF
$481.48
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
1.09 AC
Zoning
I-G & C-G (Ind & Commerci - Comprised of two parcels, the property offers flexible zoning: the US-31 frontage lot is zoned CG (Commercial), while the eastern lot is zoned IG
Amenities
- Wheelchair Accessible
- Storage Space
- Air Conditioning
Somewhat walkable
20/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 05-060-019-10 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $216,400 |
Property Taxes
Parcel Number
05-060-019-10
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$216,400
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981 Blue Star Dr
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