C-3 Commercial Land With
New
For Sale
$685,000
114 E Griffin St, Traverse City, MI 49684
C-3 zoning supports redevelopment, multifamily housing, drive-through restaurants, offices, retail, and other listed uses.
Property SizeContact for details
Days on Market4
Property Features for 114 E Griffin St
General Information
Standard status
Active
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$5,707
Building Details
Year Built
1962
Listing Agency:
EXIT Northern Shores-TC
(231) 342-8072
Listed By:
Marty Stevenson · License #6501387018
(231) 342-8072
Source:
Elliman
Added: Aug 2
Changed: Aug 3
Last Checked: Aug 5 at 10:43AM
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 EXIT Northern Shores-TC
Investment Insights
Based on property information with market context.
This 0.32-acre commercial land parcel includes a 4,789-sqft block building constructed in 1962. The property is positioned for redevelopment or reuse under C-3 zoning, with the existing structure contributing an established physical improvement to the site.
Permitted use examples include multifamily housing subject to a 45' maximum building height, drive-through restaurants, microbreweries or brew pubs, convenience stores, service stations, veterinary offices, drinking establishments, offices, and retail. The property is adjacent to the 14th Street corridor in Traverse City, with a bikeScore of 93 and a walkScore of 80.
Permitted use examples include multifamily housing subject to a 45' maximum building height, drive-through restaurants, microbreweries or brew pubs, convenience stores, service stations, veterinary offices, drinking establishments, offices, and retail. The property is adjacent to the 14th Street corridor in Traverse City, with a bikeScore of 93 and a walkScore of 80.
Key Highlights
- 0.32‑acre commercial land parcel with an existing 4,789‑sqft block building
- C‑3 zoning supports multifamily housing, drive‑through restaurants, offices, retail, and other listed uses
- Multifamily housing permitted with a 45' maximum building height
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
602
Businesses Nearby
13k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Speedway
Shops & Services
7,650 visits/mo
0.1 miles
Mobil
Shops & Services
5,026 visits/mo
0.4 miles
Demographics for 49684, MI
22,025
Population
10,959
Households
2
Avg Household Size
49
Median Age
46%
College-Educated
96%
High-School Grad
52.8 sq mi
ZIP Area
417
Density / Sq Mi
$75,678
Median Household Income
$39,553
Median Earnings
$1,216
Median Rent
$375,700
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 - C-3 zoning supports redevelopment, multifamily housing, drive-through restaurants, offices, retail, and other listed uses.
Where is this commercial land located?
The property is located at 114 E Griffin St Traverse City, MI.
What is the asking price?
The asking price for this property is $685,000.
What are key features of this property?
This property features: 0.32‑acre commercial land parcel with an existing 4,789‑sqft block building; C‑3 zoning supports multifamily housing, drive‑through restaurants, offices, retail, and other listed uses; Multifamily housing permitted with a 45' maximum building height
