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Jenn Russell

231-668-6303
  • MLS® #: 1850056
  • 520 & 530 Wellington Street

  • Traverse City, Michigan 49686
  • $1,400,000
  • 1.23 Acres
  • Vacant Lot/Land

A rare opportunity to own over 1.2 acres of development property in the city limits with 246' of frontage on the Boardman River. Now is the time to be part of the Eighth Street revitalization. There are 2 nice warehouse buildings on the property that could be used until the property is developed, but the value is in the land. Zoned D-2, development district that allows for a wide variety of uses including residential, condos, apartments, office, retail, restaurant, manufacturing, parking structures, theaters and more. 2 tax parcels included in the sale.

Essential Information

  • MLS® #1850056
  • Price$1,400,000
  • Acres1.23
  • TypeVacant Lot/Land
  • StatusActive U/C Taking Backups

Sub-Type

Vacant Lot/Land, Private Water Frontage

Community Information

  • Address520 & 530 Wellington Street
  • SubdivisionN/A
  • CityTraverse City
  • TownshipTraverse City
  • CountyGrand Traverse
  • StateMichigan
  • Zip Code49686

Waterfront

  • Is WaterfrontYes
  • WaterfrontRiver
  • Body of WaterBoardman River
  • Frontage TypePrivate
  • Footage246

Exterior

  • Lot DescriptionIrregular, Level, Cleared

Exterior Features

Development Property, Pole Building

Additional Information

  • Days on Market429
  • Ownership TypePrivate Owner
  • OfficeColdwell Banker Schmidt-522
  • Office Address522 E Front St

Zoning

Storage Buildings, Multi-Family, Commercial, Industrial, Manufacture/Warehouse, Office, Platted Subdivision

Property Location

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The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright © Northern Great Lakes REALTORS® MLS. All Rights Reserved.