4290 Us-31 Traverse City, MI 49686

This exceptional 3.69-acre commercial land parcel, located at 4290 & 4386 US-31 N in Traverse City, Michigan (49686), presents a remarkable redevelopment opportunity. Boasting over 700 feet of frontage on US-31, the property enjoys incredible visibility and unobstructed views of East Grand Traverse Bay. Situated 0.2 miles north of Holiday Hills Road, between Burger King and Murdick's Fudge, this high-traffic location offers unparalleled exposure. The site currently features three buildings totaling 22,520 square feet, four driveways, ample parking, and an outdoor playground. Existing structures can be repurposed, subdivided, expanded upon, or removed to accommodate a new development. The property is zoned Commercial Corridor, permitting mixed-use development, making it ideal for a variety of uses including multi-family housing, hotels, restaurants, retail spaces, or office buildings. The Traverse Area Recreational Trail (TART) runs along the property's rear, providing convenient access to downtown. The asking price is $3,300,000. This is a rare chance to acquire a highly visible and versatile property in a thriving Michigan community.