Commercial Land with
For Sale
$499,000
1470 US-31 N, Traverse City, MI 49686
Commercial, Traverse City, MI
Property Size1,000 SF
Lot Size0.66 Acres
Price / SF$499
Days on Market414
Property Features for 1470 US-31 N
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Office, Commercial
Exterior features
Wood
Lot features
Freestanding
Directions
Located on US 31 North
Subdivision
Grand Traverse
Standard status
Active
Size
1,000 SF
Lot size
0.66 Acres
Taxes and HOA fees
Tax Description
Legal in associated docs
Legal Description
Legal in associated docs
Amenities
cabin
storage garage
Building Details
Building materials
Frame
Roof type
Asphalt
Listing Agency:
LABELLE REALTY LLC
Listed By:
Brandon LaBelle
(989) 621-3025
Added: Jul 22, 2025
Changed: Sep 3
Last Checked: Sep 8 at 5:06PM
MLS# 1936635
Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 0.66-acre commercial land parcel includes two cabins and a storage garage, with approximately 1,000 square feet of property improvements. The existing structures use wood-frame construction and asphalt roofing. Regional Business zoning allows office, retail, and rental uses.
The property is situated along US-31 in Traverse City, with East Grand Traverse Bay across the street. A state park and the TART trail are nearby. The site was previously approved for a 12-unit apartment building, and the seller will share related plans and drawings.
The property is situated along US-31 in Traverse City, with East Grand Traverse Bay across the street. A state park and the TART trail are nearby. The site was previously approved for a 12-unit apartment building, and the seller will share related plans and drawings.
Key Highlights
- 0.66‑acre commercial land parcel along US‑31
- Regional Business zoning allows office, retail, and rental uses
- Two cabins and a storage garage currently occupy the property
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
193
Businesses Nearby
11k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 64%
Hotels & Casinos 36%
Bob Evans Restaurant
Dining
7,108 visits/mo
0.5 miles
Days Inn & Suites Traverse City
Hotels & Casinos
1,830 visits/mo
0.4 miles
Hampton Inn & Suites
Hotels & Casinos
1,346 visits/mo
0.5 miles
Quality Inn
Hotels & Casinos
818 visits/mo
0.1 miles
Demographics for 49686, MI
25,859
Population
13,261
Households
2
Avg Household Size
45
Median Age
46%
College-Educated
95%
High-School Grad
47.3 sq mi
ZIP Area
547
Density / Sq Mi
$71,198
Median Household Income
$40,373
Median Earnings
$1,209
Median Rent
$295,500
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Regional Business zoning supports office, retail, and rental uses.
Where is this commercial land located?
The property is located at 1470 US-31 N Traverse City, MI.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 0.66‑acre commercial land parcel along US‑31; Regional Business zoning allows office, retail, and rental uses; Two cabins and a storage garage currently occupy the property
