MI > Grand Traverse > Traverse City > 4290 & 4386 Us-31 N

$3,300,000

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  • MLS# 1920306
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800-871-9992

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Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

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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.

Property Information

Status
Active 
Address
4290 & 4386 Us-31 N 
City
Traverse City 
Zip
49686 
Year Built
1948 
Listing Date
03/18/2024 
County
Grand Traverse 
Possession
Negotiable 
Parking
Parking Lot 
Price/SqFt
146.54 

Features

Current Use
Restaurant/Food Service,Manufacture/Warehouse,Office Building,Retail Store 
Features
14ft Ceiling Height, Other, Overhead Door(s) 
Zoning
Commercial, Motel/Hotel, Multi-Family, Office, Restaurant/Food, Retail 
Water
Private Well 
Sub Property Type
Retail/Commercial 
Licenses
None 
Exterior Features
Block, Log Siding 
Cooling
Central Air, Forced Air, Natural Gas 
Heating
Central Air, Forced Air, Natural Gas 

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  • Market Statistics
  • Property History
  • Schools Information
  • Local Business
Market Statistics
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
1920306 Active Mar 18 2024 2:16PM $3,300,000 41
1920302 Active Mar 18 2024 1:59PM $3,300,000 41
1910062 Withdrawn Active Jan 23 2024 1:46PM 279
1910062 Active Apr 19 2023 1:46PM $3,200,000 279
School Information
Local Business

Learn More About This Listing

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

800-871-9992

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

By proceeding, you consent to receive calls and texts at the number you provided, including marketing by voice, and email, from us and others about your inquiry and other home-related matters, but not as a condition of any purchase. You also agree to our Privacy Policy regarding the information relating to you. Msg/data rates may apply.

Listing Broker

MITAAR Logo

Listing Courtesy of Coldwell Banker Schmidt-522
Office Address 522 E Front St

4290 & 4386 Us-31 N Traverse City
Contact us
$3,300,000
For Sale • Acres: 3.69 • Zoning: Multi-Family,Office,Retail,Commercial,Restaurant/Food,Motel/Hotel