4290 Us-31 Traverse City, MI 49686

This exceptional 3.69-acre commercial property in Traverse City, Michigan, boasts 22,520 square feet of existing buildings on a high-traffic US-31 location. Situated 0.2 miles north of Holiday Hills Road, across from East Bay between Burger King and Murdick's Fudge, this site offers incredible visibility with over 700 feet of frontage on US-31 and unobstructed views of East Grand Traverse Bay. The property includes four driveways, ample parking, and an outdoor playground. Currently zoned Commercial Corridor, allowing for mixed-use development, this site presents a unique opportunity for redevelopment. Existing buildings could be repurposed, subdivided, expanded, or removed to accommodate a variety of uses, including multi-family, hotel, restaurant, retail, or office space. The Traverse Area Recreational Trail (TART) borders the property, providing convenient access to downtown. High traffic counts and the existing infrastructure make this a compelling investment opportunity. The asking price is $3,300,000.