Commercial Land with Rental
For Sale
$499,000
1470 US-31 N, Traverse City, MI 49686
COMMERCIAL - Traverse City, MI
Property Size1,000 SF
Lot Size0.66 Acres
Price / SF$499
Days on Market381
Property Features for 1470 US-31 N
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Office, Commercial
Exterior features
Wood
Lot features
Freestanding
Directions
Located on US 31 North
Subdivision
Grand Traverse
Standard status
Active
Size
1,000 SF
Lot size
0.66 Acres
Taxes and HOA fees
Tax Description
Legal in associated docs
Legal Description
Legal in associated docs
Building Details
Building materials
Frame
Roof type
Asphalt
Listing Agency:
LABELLE REALTY LLC
(989) 621-3025
Listed By:
Brandon LaBelle
(989) 621-3025
Added: Jul 22, 2025
Changed: Aug 4
Last Checked: Aug 6 at 4:06AM
MLS# 1936635
Copyright © 2026 Northern Great Lakes Realtors MLS. 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 commercial land listing is zoned Regional Business, with permitted uses described as office, retail, and rentals. The property currently includes two cabins and a storage garage, and it previously received approval for a 12-unit apartment building; plans and drawings can be shared by the seller.
The site is described as a strong location for a summer business, with East Grand Traverse Bay across the street and proximity to the state park and the TART trail.
All square footage and dimensions are taken from public records and should be verified by the buyer. The listing agent is related to the sellers.
The site is described as a strong location for a summer business, with East Grand Traverse Bay across the street and proximity to the state park and the TART trail.
All square footage and dimensions are taken from public records and should be verified by the buyer. The listing agent is related to the sellers.
Key Highlights
- Zoned Regional Business, allowing for office, retail, and rentals.
- Property currently includes 2 cabins and a storage garage.
- Previously approved site plans for a 12‑unit apartment building (plans/drawings available).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,575
Businesses Nearby
Explore this area
Business Placement
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 Multifamily 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?
Short term rental property - Commercially zoned land with two cabins and a storage garage, near state park and the TART trail.
Where is this short term rental property located?
The property is located at 1470 US-31 N Traverse City, MI.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Zoned Regional Business, allowing for office, retail, and rentals.; Property currently includes 2 cabins and a storage garage.; Previously approved site plans for a 12‑unit apartment building (plans/drawings available).
