Active

2105 N US-31 S

Traverse City MI, 49684

$1,650,000


$2.09 per sqft

Active

789,743 sqft

Residential

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.

1898916

MLS ID

April 25, 2022

Listed

February 16, 2024

Updated

Map

2105 N US-31 S
Traverse City MI, 49684

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

18.13 Acres


Exterior Features

Pole Building


Lot Features

Corner Lot

School Information

School District

3

Other Property Details

Area Name

Grand Traverse


Days on Market

644


Garage

No


View

No


County

Grand Traverse


Municipality

Garfield


Water Source

Municipal Water


Pool

No


Zoning

Multi-Family,Splits Available


Buyer Agency Compensation

3%

Listing History

Date

Event

Price

8/14/2023

Under Contract

5/23/2023

Price Change

$1,650,000

-8%

5/17/2023

Active

Listed by with Three West, LLC
Listing Contact:  

The IDX display contains information sourced from the Northern Great Lakes REALTORS® MLS as of 2/16/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 2/16/2024 at 2:18 AM UTC

 

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