Commercial Land with Highway
New
For Sale
$2,200,000
Pending
2700 N US-31, Traverse City, MI 49684
LAND - TRAVERSE CITY, MI
Property SizeContact for details
Days on Market2
Property Features for 2700 N US-31
General Information
Property type
Land
Property subtype
Other
Subdivision
Garfield
Standard status
Pending
Listing Agency:
Coldwell Banker Schmidt Realtors - Traverse City 522 · Coldwell Banker Real Estate
(231) 929-2300
Listed By:
Dan Stiebel
Added: Aug 10
Last Checked: Aug 11 at 9:06PM
MLS# 1868647
Copyright © 2026 Coldwell Banker Schmidt REALTORS. 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 3.84-acre commercial land parcel occupies a prominent position along US-31 N in Traverse City, with 204 feet of frontage. The property carries CG, or general commercial, zoning and the stated permitted uses include retail, restaurants, hotels, bars, indoor entertainment, theaters, auto dealerships, automotive service and repair, financial institutions, offices, and personal or business services.
The surrounding commercial setting includes several dealerships, Grand Traverse Mall, Red Lobster, Olive Garden, automotive parts retailers, and Lowe's. The parcel is also located within a federal Opportunity Zone. The ownership has indicated openness to a lot split, ground lease, or outright sale structure.
The surrounding commercial setting includes several dealerships, Grand Traverse Mall, Red Lobster, Olive Garden, automotive parts retailers, and Lowe's. The parcel is also located within a federal Opportunity Zone. The ownership has indicated openness to a lot split, ground lease, or outright sale structure.
Key Highlights
- 3.84‑acre commercial land parcel along US‑31 N
- 204 feet of frontage on US‑31 N
- CG zoning supports a broad range of commercial uses
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,571
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 - CG-zoned commercial parcel along a primary thoroughfare with retail, restaurant, hospitality, and service-use potential.
Where is this commercial land located?
The property is located at 2700 N US-31 Traverse City, MI.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 3.84‑acre commercial land parcel along US‑31 N; 204 feet of frontage on US‑31 N; CG zoning supports a broad range of commercial uses
