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Price: $ 520,000.00

Listing # 1928221

Address 305 US-31 S

City: Traverse City

State: MI

Zip: 49685

Square Ft.: 3840

Acres: 1.15

 

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1.15 acre parcel with 200’ US31 frontage and access from both US31 and Foster Dr. Corner lot with room to expand or great redevelopment opportunity. Includes front 1,440 sq ft retail building with two tenants on month-to-month basis plus 2,400 sf pole barn building with overhead door and front retail/office area. Front retail building has new metal roof installed in 2021 and washer/dryer connections. In strong retail area south of Traverse City close to Menards, Family Fare, Tractor Supply and Blain’s. 25,600 vehicles per day average traffic count. Pylon sign on US31 included. C-M zoning allows for a variety of uses including retail, office, services, contractor yard, auto sales/repair, restaurant/drive-thru and multi-family. Currently on well with municipal sewer. Municipal water is available.

 

Basic Features:


Acres: 1.15
Area: Grand Traverse
Neighborhood:
Type: Retail/Commercial
Square Ft: 3840

 

Additional Features:


Basement: Slab
Business Included: No
Business Name: None
Construction: Frame
Current Zoning: Multi-Family,Office,Retail,Commercial,Manufacture/Warehouse,Restaurant/Food,Automotive Service
Deeded Water: No
Dimensions: 200 x 293
Directions: Northeast corner of US 31 S and Foster Rd.
Days On Market: 55
Days On MLS: 54
ECO Features: No
Extras: Overhead Door(s),Additional Buildings,12ft Ceiling Height
Financing:
Floor Type:
Heating/Cooling: Natural Gas,Mutiple Units
Heating/Cooling Type: Forced Air,Central Air
Included In Rent:
Inventory Included: No
Licenses: None
Location: Corner Lot,Freestanding
Lot:
Miscellaneous:
Documents:
Possession: At Closing,Subject to Tenants Rights
Property Status: Active U/C Taking Backups
Real Estate Included:
Remodeled: 2015
Road Frontage: Public Maintained,Blacktop
Roofing: Metal/Steel
For Sale Or Lease: For Sale
For Sale Or Rent: For Sale
Special Assessment:
Township: Blair
Vacant: No
Waste:
Water: Private Well
Year Built: 1964
Zoning: Multi-Family,Office,Retail,Commercial,Manufacture/Warehouse,Restaurant/Food,Automotive Service

Listing courtesy of Three West, LLC

1131 E. Eighth Street , Traverse City, MI 49686