C-3 Commercial Land With
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 Market30
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 Realty Paramount
(231) 342-8072
Listed By:
Marty Stevenson · License #6501387018
(231) 342-8072
Source:
Elliman
Added: Aug 2
Changed: Aug 25
Last Checked: Aug 30 at 10:16PM
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 Realty Paramount
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
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
602
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
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
