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2105 N US-31 S Traverse City, MI 49684
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Key Details
Sold Price $1,500,000
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 1308042
Sold Date 08/08/24
Lot Size 18.130 Acres
Acres 18.13
Lot Dimensions 601x805x1156x865
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
Area Garfield Twp (28005)
Zoning Multi-Family,Commercial
Exterior
Waterfront No
Building
Water Private Well
Schools
School District Traverse City Area Public Schools
Others
Ownership Private
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash,Conventional
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Bought with Three West, LLC