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Rita Rathburn

  • MLS® #: 1868452
  • 2700 N Us-31

  • Traverse City, Michigan 49684
  • $2,200,000
  • 1176 SQ. Feet, 3.84 Acres
  • Commercial

Unbelievable development opportunity on main commercial thoroughfare for retail, restaurant and hospitality on US-31 N. With 204 feet of prime frontage, this 3.84 acre parcel has high traffic counts, is adjacent to several dealerships, Grand Traverse Mall, Red Lobster, Olive Garden, automotive parts stores, Lowe's, among others... and it is in the federal Opportunity Zone! It is zoned general commercial (CG) and allows for multiple uses including a car dealership, restaurant, retail, hotel, bar, indoor entertainment, personal & business services, theater, auto service & repair, financial institution, offices, and more. Owner would entertain lot split or ground lease offers as well as outright sale. No value to existing structures.

Essential Information

  • MLS® #1868452
  • Price$2,200,000
  • Bathrooms0.00
  • Square Footage1,176
  • Acres3.84
  • Year Built1961
  • TypeCommercial
  • StatusPending

Sub-Type

Retail/Commercial, Commercial Sale

Community Information

  • Address2700 N Us-31
  • SubdivisionN/A
  • CityTraverse City
  • TownshipGarfield
  • CountyGrand Traverse
  • StateMichigan
  • Zip Code49684

Amenities

  • FeaturesNone
  • ParkingOther

Utilities

WATER: Municipal Water SEWER: Municipal

Interior

  • HeatingOther
  • BasementNone

Exterior

  • Exterior FeaturesOther
  • Lot Description754x292x430x89x450
  • RoofAsphalt
  • ConstructionFrame

Additional Information

  • Days on Market150
  • Ownership TypePrivate Owner
  • OfficeColdwell Banker Schmidt-522
  • Office Address522 E Front St

Zoning

Automotive Service, Commercial, Retail, Multi-Family, Office, Restaurant/Food, Motel/Hotel

Property Location

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