1050 US-31 North Traverse City, MI
4.33-acre waterfront site with development potential in Traverse City.
Type:LAND
Lot size:
4.33 Acres- Added:
- Dec 1, 2025
- Days on Market:
- 121
- Last Refresh:
- Mar 25 at 9:44 pm
Property Features for 1050 US-31 North
General Information
- Standard status
- Active
- Lot size
- 4.33 Acres
- Property subtype
- LAND
Listing agent Simon Jonna (249) 540-1000
Listing office Colliers (249) 540-1000
Listing date Dec 1, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Colliers
Overview
Waterfront Development Site on East Bay
This 4.33-acre waterfront development site is located on East Grand Traverse Bay. The site offers strong visibility and access along a major commercial corridor, with approximately 303 feet of frontage on US Highway 31. The location in Traverse City, Michigan, is a premier tourist destination, hosting the National Cherry Festival, which attracts over 500,000 annual visitors. The area is surrounded by wineries, Sleeping Bear Dunes, and various outdoor recreation opportunities. Traverse City is also home to the Traverse City Film Festival and Interlochen Center for the Arts. The site has potential for development of up to approximately 155,000 square feet. Multiple permitted uses include retail, multifamily, hospitality, arts, medical, and mixed-use developments. The area has a high-income, educated population with a tourism-driven economy, with an average household income of $107,335 and a daytime population of 69,763.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Traverse City
- County
- Grand Traverse
- State
- Michigan
- Longitude
- -85.5555
- Latitude
- 44.7478
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - 4.33-acre waterfront site with development potential in Traverse City.
Where is this commercial land located?
The property is located at 1050 US-31 North Traverse City, MI.
What are key features of this property?
This property features: Rare 4.33‑acre waterfront development site on East Grand Traverse Bay.; Significant development potential of up to 155,000± SF.; Located in Traverse City, a premier tourist destination with high visibility and access on US Highway 31.
