Commercial Corner Development
For Sale
$1,150,000
Mitten Drive, Traverse City, MI 49686
COMMERCIAL - Traverse City, MI
Property SizeContact for details
Lot Size1.74 Acres
Days on Market680
Property Features for Mitten Drive
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
Commercial
Lot features
Corner Lot
Directions
South east corner of the intersection of South Airport Rd and Townline Rd.
Subdivision
Grand Traverse
Standard status
Active
Lot size
1.74 Acres
Taxes and HOA fees
Tax Description
Lengthy see documents.
Legal Description
Lengthy see documents.
Listing Agency:
Three West, LLC
(231) 929-2955
Listed By:
Kevin Endres · License #6505352968
(231) 534-5225
Added: Sep 25, 2024
Changed: Aug 4
Last Checked: Aug 5 at 6:06PM
MLS# 1927541
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.
Commercial corner development land offering approximately 1.74 acres for new site planning. Excavating has been started, and the new zoning (per public remarks) allows for a range of uses including gas stations, drive-thru facilities, office, and retail.
The property has ingress/egress from both South Airport Road and Townline Road and is positioned at the entrance to Cherry Capital Airport and Costco. Public remarks also note the site’s strong exposure with roughly 16,000 AADT. Cherry Capital Airport is described as having completed a record year of more than 700,000 passengers, with an anticipated $120 million terminal expansion that includes a second concourse and five new gates in 2026.
The property has ingress/egress from both South Airport Road and Townline Road and is positioned at the entrance to Cherry Capital Airport and Costco. Public remarks also note the site’s strong exposure with roughly 16,000 AADT. Cherry Capital Airport is described as having completed a record year of more than 700,000 passengers, with an anticipated $120 million terminal expansion that includes a second concourse and five new gates in 2026.
Key Highlights
- Development property at the entrance to Cherry Capital Airport and Costco
- Cherry Capital Airport record year of more than 700,000 passengers, with a $120 million terminal expansion planned for 2026
- Planned airport work includes a second concourse and 5 new gates in 2026; excavating has started
Property Analytics
Property Profile
Current Use
Lease Details
16,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
100
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 - Development land with ingress/egress from two roads and exposure near Cherry Capital Airport and Costco.
Where is this commercial land located?
The property is located at Mitten Drive Traverse City, MI.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Development property at the entrance to Cherry Capital Airport and Costco; Cherry Capital Airport record year of more than 700,000 passengers, with a $120 million terminal expansion planned for 2026; Planned airport work includes a second concourse and 5 new gates in 2026; excavating has started
