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Ken Weaver

231-668-6303
  • MLS® #: 1862192
  • 1150 E Hammond

  • Traverse City, Michigan 49686
  • $777,000 REDUCED
  • 1227 SQ. Feet, 8.41 Acres
  • Commercial

This property offers 8.41 acres of prime commercial real estate development opportunity with 560' of frontage on highly traffic-ed Hammond road, servicing more than 16,700 on average per day. It sits just east of the busy intersection of 3 Mile Road and Hammond right next door to Olsen's Food Center, Cherry Knoll Elementary School, St. Elizabeth Ann Seton Middle School, the Grand Traverse Academy, Roy's Hardware and Gas Station, the Public Library, the East Bay Township Building and there are several neighborhoods in the immediate area. Only 2.4 Miles from the Cherry Capital Airport. It is an ideal location for neighborhood commercial such as a pharmacy, bank, bakery, deli, coffee shop, or restaurants, offices with residential being allowed above or professional medical services or hotel. The lot is mostly flat with slight hills in the back that could be used to flatten the entire lot, it is good sandy soil, mostly clear with just a few large trees. There is sewer and gas at the road, a water line on the west side of the property, a drain is already in place. There is currently a small 2 bedroom house on the property. Land contract / seller financing is an option with this property. Do not miss this opportunity in the fast developing district of Easy Bay! Zoned: Neighborhood Commercial / Multifamily Acreage: 8.41 Acres

Essential Information

  • MLS® #1862192
  • Price$777,000
  • Bathrooms0.00
  • Square Footage1,227
  • Acres8.41
  • Year Built1976
  • TypeCommercial
  • StatusActive

Sub-Type

Retail/Commercial, Commercial Sale

Community Information

  • Address1150 E Hammond
  • Subdivisionn/a
  • CityTraverse City
  • TownshipEast Bay
  • CountyGrand Traverse
  • StateMichigan
  • Zip Code49686

Amenities

  • FeaturesNone
  • ParkingNone

Utilities

WATER: Municipal Water SEWER: Private Septic

Interior

  • HeatingNatural Gas, Forced Air
  • BasementCrawl Space

Exterior

  • Exterior FeaturesWood
  • Lot Description560' x 655'
  • RoofAsphalt
  • ConstructionFrame

Additional Information

  • Days on Market164
  • Ownership TypePrivate Owner
  • OfficeREO-TC/Front
  • Office Address511 E Front Street

Zoning

Multi-Family, Office, Commercial, Restaurant/Food

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.