10775 Traverse Hwy Traverse City, MI 49684-5549

This exceptional 4-acre development parcel presents a unique investment opportunity in Traverse City, Michigan. Located at 10775 E Traverse Hwy, 49684, this property boasts a prime location within city limits, offering convenient access to amenities and infrastructure. Zoned C-1, the land allows for diverse development options, including commercial ventures, multi-family housing, and residential projects. The naturally rising terrain to the north provides stunning views of the bay and city skyline, adding significant value to any development. The portion of the land along M-72 (East Traverse Highway) is relatively flat and ideal for commercial construction. City water and sewer are readily available along the road right-of-way, with developer-friendly connection fees. This rare large parcel is situated in Traverse City's rapidly expanding market, making it an attractive proposition for developers seeking a high-potential investment. The asking price is $2,750,000. The property is in Leelanau County. Broker co-op is available.