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Corner Lot in Traverse City

1603 Woodward Avenue Traverse City, MI 49686

1603 Woodward Avenue, Traverse City, MI, 49686
$89,000
For Sale
$89,000

LAND - Traverse City, MI

Lot Size0.41 Acres
Days on Market140

Property Features for 1603 Woodward Avenue

General Information

Property type
Land
Property subtype
Other
Standard status
Active
APN
05-125-061-00
Lot size
0.41 Acres

Taxes and HOA fees

Tax Description
GARFIELD TOWNSHIP LOT 61 GLADEWOOD PLACE
Listing agency KW Northern Michigan Team Partners
Listed by Laura Corpe · License #6501426430
Added: Mar 5 Updated: Apr 22 at 5:15PM Checked: Jul 23 at 9:06AM
MLS# 201838914

Copyright © 2026 Water Wonderland Board of Realtors®. 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 corner lot, zoned R-3, presents a development opportunity. The 0.41-acre property has city water and natural gas available. An existing slab is on site, along with a septic system that has not been used in approximately five years. The property is offered on a land contract with a $5,000 down payment, 10.5% interest, and monthly payments of $768 for a 30-year term.

Key Highlights

  • Flexible seller financing available with low $5,000 down payment.
  • Zoned R‑3, offering development opportunities.
  • City water and natural gas are already available.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Residential land & home ...

Suggested Use

Parking Lot & Garage (Bike/Boat/Book/etc) Store Locksmith (Bike/Boat/Book/etc) Store Barber Shop Veterinary Clinic Garden Center Florist (Bike/Boat/Book/etc) Store Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Residential land & home lot - Development opportunity with utilities and flexible seller financing.
Where is this residential land & home lot located?
The property is located at 1603 Woodward Avenue Traverse City, MI.
What is the asking price?
The asking price for this property is $89,000.
What are key features of this property?
This property features: Flexible seller financing available with low $5,000 down payment.; Zoned R‑3, offering development opportunities.; City water and natural gas are already available.
Contact an agent
More about this property
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