10119 Cherry Bend Road, Traverse City

$335,000

2 Beds
1 Baths
960 Sqft
1.8 Acres
2 Garages

Downtown TC prices have gone crazy, right? Well here is an alternative. Total of 1.787 acres zoned neighborhood commercial. Currently adorable renovated cottage with excellent vacation rental history is ready to go. Hardly trying you get $14,000 for the summer season, high season $250 a night, hit it hard could easily double that. Coveted Commerical zoning which has a much greater chance of allowing vacation rentals to continue for years to come. Automatically pays for the property while you do what you want to do. This is 2 parcels you would be buying. Storage on the property as well. Could be an awesome Ice cream store, ( even have a name picked out, only for serious inquiries will we tell! ) general store, boat/toy storage facility, apartments, office with excellent road visibility, restaurant, could be multi family housing. Have a wetland study done so you know the percentage of the property that is available. Estimates are 20 unit density if you do multi floors. So much potential. Seller is relocating to another area of northern Michigan and the only reason this is on the market. Beautiful Shetland Creek fronts 3/4 of this property. A truly cool Commerical piece with great traffic counts and visibility. Want to get out of the big city and have it all....it is right here!

Essential Information
MLS® #1883283
Price$335,000
Bedrooms2
Bathrooms1.00
Full Baths1
Square Footage960
Acres1.80
Year Built1942
TypeSingle Family
StatusActive
Sub-Type

1 Story, Private Water Frontage

Community Information
Address10119 Cherry Bend Road
SubdivisionMetes and bounds
CityTraverse City
CountyLeelanau
StateMichigan
Zip Code49684
Amenities
# of Garages2
GaragesDetached
Is WaterfrontYes
WaterfrontCreek
Utilities

WATER: Private Well SEWER: Municipal

Interior
BasementSlab
FireplacesNone
Interior Features

Foyer Entrance, Mud Room, Formal Dining Room

Appliances

Refrigerator, Oven/Range, Microwave

Heating

Forced Air, Natural Gas, Window Air Conditioner

Exterior
ExteriorAluminum
Exterior FeaturesCountryside View, RV Parking
RoofAsphalt
ConstructionFrame
Lot Description

290 x 267, Level, Previously Farmed

School Information
ElementaryWillow Hill Elementary School
District

Traverse City Area Public Schools

Middle

Traverse City West Middle School

High

Traverse City West Senior High School

Additional Information
Date ListedJanuary 14th, 2021
Days on Market7
Zoning

Residential, Rental History, Outbuildings Allowed, Multi-Family, Commercial, Planned Unit Development

Listing Details
OfficeLake Homes Realty, LLC
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The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Water Wonderland MLS (WWLX) (989-732-8226) . Real estate listings held by brokerage firms other than Brook Walsh Real Estate are marked with the WWLX logo and the detailed information about said listing includes the listing office.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Brook Walsh Real Estate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Water Wonderland MLS, Inc © All rights reserved.

WWLX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing information last updated on December 31st, 1969 at 7:00pm EST.

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