Ready-to-Build Regional Business
For Sale
Under Contract
$575,000
1818 N US-31, Traverse City, MI 49686
LAND - Traverse City, MI
Property SizeContact for details
Lot Size0.76 Acres
Days on Market118
Property Features for 1818 N US-31
General Information
Property type
Land
Property subtype
Other
Zoning
Multi-Family,Metes and Bo
Zoning description
Multi-Family, Metes and Bounds
Exterior features
Sidewalks
Lot features
Level, Level
Elementary school district
Traverse Bay Area Intermediate School District
Middle school district
Traverse Bay Area Intermediate School District
High school district
Traverse Bay Area Intermediate School District
Directions
On the south side of US-31 N (also labeled as Munson Avenue). Located in between the new Dairy Queen and the new Green Mitt Car Wash.
Subdivision
Grand Traverse
Standard status
Active Under Contract
Lot size
0.76 Acres
Taxes and HOA fees
Tax Description
THE E 100' OF W 400' OF GOVT LOT 4 LYINGS OF US-31 NORTH SEC 8 T27N R10W EXCEPT TRACT "A' DESCRIBED IN LIBER 1190 PAGE 070
Legal Description
THE E 100' OF W 400' OF GOVT LOT 4 LYINGS OF US-31 NORTH SEC 8 T27N R10W EXCEPT TRACT "A' DESCRIBED IN LIBER 1190 PAGE 070
Utilities
Utilities
Cable Available
Listing Agency:
REMAX Bayshore - Union St TC · RE/MAX International
(231) 941-4500
Listed By:
Kyle O'Grady · License #6501407456
(231) 499-9999
Added: Apr 17
Changed: Jul 14
Last Checked: Aug 12 at 3:06AM
MLS# 1943933
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 is a vacant, ready-to-build commercial land parcel totaling 0.76 acres. The site is currently undeveloped and is being offered with zoning information and allowable uses on file, including Regional Business zoning and additional zoning details listed as “Multi-Family, Metes and Bo.” The property’s configuration is well-suited for a range of development approaches, subject to approval of the final plan.
The parcel is located in East Bay Township along the south side with direct access to the TART Trail, supporting walkability and on-site usability. Surrounding commercial activity includes a newly built Green Mitt Car Wash to the east and Dairy Queen to the west, with the area described as surrounded by hundreds of hotel rooms.
For buyers and developers, the combination of a vacant, buildable site, Regional Business zoning, and direct trail access can support a variety of commercial, residential, or mixed-use concepts, subject to the allowable uses on file. The property also benefits from proximity to Cherry Capital Airport (just under 3 miles) and is described as minutes from downtown Traverse City, shopping, dining, and schools.
The parcel is located in East Bay Township along the south side with direct access to the TART Trail, supporting walkability and on-site usability. Surrounding commercial activity includes a newly built Green Mitt Car Wash to the east and Dairy Queen to the west, with the area described as surrounded by hundreds of hotel rooms.
For buyers and developers, the combination of a vacant, buildable site, Regional Business zoning, and direct trail access can support a variety of commercial, residential, or mixed-use concepts, subject to the allowable uses on file. The property also benefits from proximity to Cherry Capital Airport (just under 3 miles) and is described as minutes from downtown Traverse City, shopping, dining, and schools.
Key Highlights
- Vacant, ready‑to‑build parcel in East Bay Township’s “Miracle Mile” area
- Zoned Regional Business with flexibility for commercial, residential, or mixed‑use development (per allowable uses on file)
- Direct access to the TART Trail on the south side
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Vacant parcel with Regional Business zoning and direct TART Trail access for commercial, residential, or mixed-use development.
Where is this commercial land located?
The property is located at 1818 N US-31 Traverse City, MI.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Vacant, ready‑to‑build parcel in East Bay Township’s “Miracle Mile” area; Zoned Regional Business with flexibility for commercial, residential, or mixed‑use development (per allowable uses on file); Direct access to the TART Trail on the south side
