Corner Development Land
For Sale
$2,100,000
537 Randolph St, Traverse City, MI 49684
Corner commercial-zoned land with residential condominium plans available and steps to West Grand Traverse Bay.
Property SizeContact for details
Days on Market146
Property Features for 537 Randolph St
General Information
Standard status
Active
Property subtype
Land
Zoning
C-1
Taxes and HOA fees
Annual Taxes
$16,168
Listed By:
Michael B Orden
(239) 250-4139
Source:
Elliman
Added: May 14
Changed: Sep 28
Last Checked: Oct 5 at 6:42PM
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 Michael B Orden
Investment Insights
Based on property information with market context.
This corner development parcel offers downtown redevelopment optionality under C-1 Commercial zoning, which allows either commercial or residential development. The seller has residential condominium development plans in hand that can be provided to the buyer, or the parcel can be used to pursue a different concept.
The site is situated at a corner location on Randolph Street described as lightly traveled, close to the downtown core and Division Street. It is positioned within walking distance to West Grand Traverse Bay and nearby beaches, with quick access to retail and restaurant activity in downtown Traverse City.
Because the property is zoned for both commercial and residential uses and the condominium plans are available, it supports multiple development approaches while keeping the site anchored to a walkable downtown setting near the waterfront.
The site is situated at a corner location on Randolph Street described as lightly traveled, close to the downtown core and Division Street. It is positioned within walking distance to West Grand Traverse Bay and nearby beaches, with quick access to retail and restaurant activity in downtown Traverse City.
Because the property is zoned for both commercial and residential uses and the condominium plans are available, it supports multiple development approaches while keeping the site anchored to a walkable downtown setting near the waterfront.
Key Highlights
- Corner property in Traverse City with C‑1 Commercial zoning that allows commercial or residential development
- Residential condominium development plans are available for the buyer
- Steps to West Grand Traverse Bay and nearby beaches
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,559
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Waterfront Land - Corner commercial-zoned land with residential condominium plans available and steps to West Grand Traverse Bay.
Where is this waterfront land located?
The property is located at 537 Randolph St Traverse City, MI.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Corner property in Traverse City with C‑1 Commercial zoning that allows commercial or residential development; Residential condominium development plans are available for the buyer; Steps to West Grand Traverse Bay and nearby beaches
