MLS Public Remarks Prime development opportunity located near Mall and shopping corridor. The property has recently been rezoned to R-3 Multi-Family Residential zoning, which allows for a large apartment development. Conveniently located between Traverse City and Chum's Corner, this 18.13 acre parcel features 428' of frontage on US 31, natural beauty with a development envelope surrounded by mature trees and a creek on 2 sides. Five residential homes and a small commercial building currently generate income while you work out your development plans.
http://www.www.johnstoneandjohnstone.com.com/1898916
Township Garfield
Directions South of the intersection of US 31 and South Airport, on the west side of 31 just north of McRae Hill Rd.
Fin Below Grd SqFt 0
Total Fin SqFt 0
Unfinished SqFt 0
Above Grade Finished SqFt 0
Lower Level Square Footage 0
CDOM 738
Year Built 0
Days on Market 738
Land Assessment -
Improvements -
Acreage 18.13
Taxes -
Tax Year -
Summer Taxes -
School District Traverse City
Winter Taxes -
Lower Level Square Footage 0
Waterview N
Waterfront N
For Lease/Rent N
Waterfront Desc None
Est. Total Acres 18.13
Lot Dimensions 601x805x1156x865
WaterFrontage
0
Garage 0.0
Sewer Municipal
Zoning Multi-Family, Splits Available
Exterior Features Pole Building
Lot Description Corner Lot
Terms/Misc. Cash, Conventional
Possession Subject to Tena
Status Change Date 08/14/2023
Listing Date 04/25/2022
Internet/IDX Y
Listing Office
Three West, Llc
Office Address
1131 E. Eighth Street
Listing Number
1898916
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