305 US-31 S, Traverse City, MI 49685

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Sold Price
$520,000
List Price
$520,000

Property Description

1.15 acre parcel with 200’ US31 frontage and access from both US31 and Foster Dr. Corner lot with room to expand or great redevelopment opportunity. Includes front 1,440 sq ft retail building with two tenants on month-to-month basis plus 2,400 sf pole barn building with overhead door and front retail/office area. Front retail building has new metal roof installed in 2021 and washer/dryer connections. In strong retail area south of Traverse City close to Menards, Family Fare, Tractor Supply and Blain’s. 25,600 vehicles per day average traffic count. Pylon sign on US31 included. C-M zoning allows for a variety of uses including retail, office, services, contractor yard, auto sales/repair, restaurant/drive-thru and multi-family. Currently on well with municipal sewer. Municipal water is available.

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Listing Courtesy of Three West, LLC. 231-929-2955

Selling Office: EXIT Realty Paramount.