18.1 Acres of Mixed-Use Land for Sale in Traverse City, Michigan

2105 N US-31 S, Traverse City, MI 49684

Images
Map
Street
18.1 Acres of Mixed-Use Land for Sale in Traverse City, Michigan
1 / 7
Property
Property
Property
Property
Property
Property
Property
$1,650,000
18.13 acres
Active sale$140k dropEst $17,593/mo

Prime development opportunity located near Mall and shopping corridor. The property has recently been rezoned to R-3 Multi-Family Residential zoning, which allows for a large apartment development. Conveniently located between Traverse City and Chum's Corner, this 18.13 acre parcel features 428' of frontage on US 31, natural beauty with a development envelope surrounded by mature trees and a creek on 2 sides. Five residential homes and a small commercial building currently generate income while you work out your development plans.

Directions

South of the intersection of US 31 and South Airport, on the west side of 31 just north of McRae Hill Rd.

Property details

County
Grand Traverse County
Coordinates
44.717, -85.6488
Elevation
768 feet
MLS Number
TAAR 1898916
Date Listed

Parcels

  • 05-021-054-00

This 18.13-acre property is located at 2105 N US-31 S in Traverse City, MI 49684 with latitude 44.717 and longitude -85.6488. The property is currently available for sale for $1,650,000 with a price per acre of $91,009. Listing data is sourced from Northern Great Lakes Realtors MLS # 1898916.

Verify sale details at the property source or contact Three West at (231) 929-2955.

Report listing issue

Copyright (C) 2024 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Listing checked and updated . Parcel data by Regrid.

Contact listing agent Message rules
By submitting, you agree to the terms of use, privacy policy, and to receive communications.
Land for sale in Traverse City, MI