About 4290 & 4386 Us-31 N
Incredible visibility for this site with over 700' on US-31 and unobstructed views of East Grand Traverse Bay. The site is 3.69 acres, has high traffic counts, and the Traverse Area Recreational Trail (TART) borders the entire back of the property for easy biking downtown. Existing businesses will move so the entire site can be redeveloped. Great opportunity for multi-family, hotel, restaurant, retail, office and more. Currently there are 3 buildings on the property with a combined square footage of 22,520. There are 4 driveways, plenty of parking and an outdoor playground. The existing buildings could be used as is, split into multiple businesses, added onto, or removed. Zoned Commercial Corridor allowing for mixed use development.
Features of 4290 & 4386 Us-31 N
| MLS® # | 1920306 |
|---|---|
| Price | $3,300,000 |
| Bathrooms | 0.00 |
| Square Footage | 22,520 |
| Acres | 3.69 |
| Year Built | 1948 |
| Type | Commercial |
| Sub-Type | Retail/Commercial, Commercial Sale |
| Status | Active |
| Association | N/A |
Community Information
| Address | 4290 & 4386 Us-31 N |
|---|---|
| Subdivision | N/A |
| City | Traverse City |
| County | Grand Traverse |
| State | Michigan |
| Zip Code | 49686 |
Amenities
| Utilities | WATER: Private Well SEWER: Municipal |
|---|---|
| Features | Overhead Door(s), 14ft Ceiling Height, Other |
| Parking | Parking Lot |
| Is Waterfront | No |
Interior
| Heating | Natural Gas, Forced Air, Central Air |
|---|---|
| Has Basement | No |
| Basement | Poured Concrete, Slab, Other |
Exterior
| Exterior Features | Log Siding, Block |
|---|---|
| Lot Description | see survey |
| Roof | Asphalt, Membrane |
| Construction | Timber Frame, Block, Frame |
Additional Information
| Date Listed | March 18th, 2024 |
|---|---|
| Days on Market | 45 |
| Zoning | Multi-Family, Office, Retail, Commercial, Restaurant/Food, Motel/Hotel |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Coldwell Banker Schmidt-522 |
|---|