Bought with Kevin L Endres • Three West, LLC
$1,500,000
$1,650,000
9.1%For more information regarding the value of a property, please contact us for a free consultation.
2105 N US-31 S Traverse City, MI 49684
18.13 Acres Lot
Key Details
Sold Price $1,500,000
Property Type Vacant Land
Sub Type Vacant Lot/Land
Listing Status Sold
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 1898916
Sold Date 08/08/24
Lot Size 18.130 Acres
Acres 18.13
Lot Dimensions 601x805x1156x865
Property Sub-Type Vacant Lot/Land
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.
Location
State MI
County Grand Traverse
Exterior
Exterior Feature Pole Building
Road Frontage Public Maintained
Building
Water Municipal Water
Schools
School District Traverse City Area Public Schools
Others
Tax ID 28-05-021-054-00
Ownership Private Owner
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