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Commercial Land with Bay Views
New
For Sale
$2,650,000

4290 4386 4444 US-31 N, Traverse City, MI 49686

LAND - TRAVERSE CITY, MI

Property SizeContact for details
Days on Market2

Property Features for 4290 4386 4444 US-31 N

General Information

Property type Land
Property subtype Other
Subdivision Acme
Standard status Active
Listing Agency: Coldwell Banker Schmidt Realtors - Traverse City 522 · Coldwell Banker Real Estate
Listed By: Dan Stiebel
Added: Aug 10 Last Checked: Aug 11 at 8:06PM
MLS# 1869216

Copyright © 2026 Coldwell Banker Schmidt 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 3.9-acre commercial land property includes three existing buildings totaling 22,520 square feet. The improvements can remain in place, be divided for multiple businesses, expanded, or removed as part of a broader redevelopment plan. Four driveways, on-site parking, and an outdoor playground are already present.

The property offers more than 700 feet along US-31 and unobstructed views of East Grand Traverse Bay. The Traverse Area Recreational Trail borders the rear of the site and provides a biking connection toward downtown Traverse City. Zoned Commercial Corridor, the property supports mixed-use development including hotel, restaurant, retail, office, and multifamily concepts.

Key Highlights

  • 3.9‑acre commercial land site with 22,520 SF across 3 existing buildings
  • Over 700' of frontage on US‑31 with unobstructed views of East Grand Traverse Bay
  • Traverse Area Recreational Trail borders the entire rear of the property

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency HVAC Service Law Firm Spa & Massage Center (Bike/Boat/Book/etc) Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

248
Businesses Nearby
66k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 93% Home Improvements & Furnishings 7%
McDonald's Dining
22,834 visits/mo 0.4 miles
Burger King Dining
20,721 visits/mo 0.3 miles
Taco Bell Dining
17,365 visits/mo 0.5 miles
Ace Hardware Home Improvements & Furnishings
4,604 visits/mo 0.3 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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial Corridor zoning supports mixed-use redevelopment with existing buildings, multiple access points, parking, and an outdoor playground.
Where is this commercial land located?
The property is located at 4290 4386 4444 US-31 N Traverse City, MI.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: 3.9‑acre commercial land site with 22,520 SF across 3 existing buildings; Over 700' of frontage on US‑31 with unobstructed views of East Grand Traverse Bay; Traverse Area Recreational Trail borders the entire rear of the property
More about this property
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