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Vacant In-Town Development Lot
For Sale
$125,000

615 Grant Street, Traverse City, MI 49686

Vacant parcel in an in-town setting with access to downtown Traverse City amenities.

Property SizeContact for details
Days on Market110

Property Features for 615 Grant Street

General Information

Standard status Active
Property subtype Land
Listing Agency: REMAX Bayshore - Union St TC
Listed By: Jennifer Gaston · License #6501397898
Source: Compass
Added: May 16 Changed: Aug 31 Last Checked: Sep 1 at 11:06PM

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 REMAX Bayshore - Union St TC

Investment Insights

Based on property information with market context.

615 Grant Street is a vacant parcel offering the opportunity to build in an in-town Traverse City location. The lot is positioned just minutes from downtown Traverse City, with restaurants, coffee shops, beaches, parks, shopping, and the TART Trail within easy reach.

The property is for sale with two purchasing options. Buyers may purchase for $125,000 with the requirement that the buyer use Griggs Construction Services for the build. Alternatively, the lot may be purchased outright for $175,000 with the option to use a builder of their choice.

This site is suited for prospective owners and investors seeking buildable land flexibility for a custom single-family home or a duplex investment property, subject to applicable approvals.

Key Highlights

  • Vacant parcel at 615 Grant Street in an in‑town setting in Traverse City
  • Just minutes from downtown Traverse City and close to restaurants, coffee shops, beaches, parks, shopping, and the TART Trail
  • Build options include a custom single‑family home or a duplex investment property

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Locksmith Butcher Barber Shop Cosmetic Store Tanning Salon (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,293
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Vacant parcel in an in-town setting with access to downtown Traverse City amenities.
Where is this residential land & home lot located?
The property is located at 615 Grant Street Traverse City, MI.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Vacant parcel at 615 Grant Street in an in‑town setting in Traverse City; Just minutes from downtown Traverse City and close to restaurants, coffee shops, beaches, parks, shopping, and the TART Trail; Build options include a custom single‑family home or a duplex investment property
More about this property
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