2105 N US-31 S Traverse City, MI 49684
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Property Description
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.
Property Information
| Current Price | $1,650,000.00 |
|---|---|
| Lot Size | 18.13 acres |
Details
| Listing Status | Active |
|---|---|
Financial Data
| Current Price | $1,650,000.00 |
|---|---|
| Original Price | $1,790,000.00 |
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Fred Schmidt
Broker
Michigan | Ohio | Florida | St Croix
Additional Information
| City | Traverse City |
|---|---|
| State | MI |
| County | Grand Traverse |
| MLS ID | 1898916 |
| School District | Traverse City Area Public School |
| Waterfront | No |
| Brokerage | Three West, LLC 1131 E. Eighth Street Traverse City MI 49686 |