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Jenn Russell

231-668-6303
  • MLS® #: 1869554
  • 1764-1818 Us-31 N

  • Traverse City, Michigan 49686
  • $2,250,000 REDUCED
  • 2 Bath, 6043 SQ. Feet, 2.20 Acres
  • Commercial

Attention restaurateurs & hotel developers! Prime, high-visibility, commercial property located on Traverse City's thriving east side. 300' of highly trafficked frontage now available consisting of two parcels of record. Parcel one includes the former Ruby Tuesday restaurant with 1.4 acres and ample parking featuring: approx 220 seats; waiting area; salad bar; 2 large walk-ins; dishwasher; private office; banquet dining area; and outdoor seating on deck. Parcel two currently houses The Swan's Nest novelty store and sits on 0.8 acres. The two parcels combined with flexible zoning will afford a multitude of possibilities for the smart investor. Located across the street from East Grand Traverse Bay and minutes to Grand Traverse Resort, public beaches, downtown Traverse City, and all local attractions.

Essential Information

  • MLS® #1869554
  • Price$2,250,000
  • Bathrooms2.00
  • Square Footage6,043
  • Acres2.20
  • Year Built1982
  • TypeCommercial
  • Sub-TypeHospitality, Commercial Sale
  • StatusActive

Community Information

  • Address1764-1818 Us-31 N
  • Subdivisionmetes & bounds
  • CityTraverse City
  • TownshipEast Bay
  • CountyGrand Traverse
  • StateMichigan
  • Zip Code49686

Amenities

  • FeaturesSecurity System, Phone System
  • Parking Spaces100
  • ParkingPaved, Parking Lot

Utilities

WATER: Municipal Water SEWER: Municipal

Interior

  • BasementSlab

Heating

Natural Gas, Central Air, Forced Air, Mutiple Units

Exterior

  • Exterior FeaturesBrick, Steel, Aluminum
  • Lot Description300x330
  • RoofMetal/Steel
  • ConstructionFrame, Steel, Brick

Additional Information

  • Days on Market142
  • Ownership TypePrivate Owner
  • OfficeColdwell Banker Schmidt-402
  • Office Address402 E Front Street

Zoning

Commercial, Retail, Restaurant/Food, Motel/Hotel

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.