$399,000
$10K PRICE DROP

Estimated payment $2,527/month

Total Views 21,576
0.38 Acre
$1,050,000 Price per Acre
16,553 Sq Ft Lot

Highlights

  • Level Lot
  • Central High School Rated A-
  • 4-minute walk to Traverse City State Park

About This Lot

Here is an opportunity to purchase and develop a 0.38 Acre commercial parcel on US-31 at the gateway to beautiful downtown Traverse City, one of the country's most desirable Midwest locations. US-31 is the main East-West Corridor through the Grand Traverse Region, known for its beaches on crystal blue waters, wineries, breweries, restaurants and many outdoor activities. The property consists of two separate lots. The adjacent parcel is also available for a combined 0.63 AC, which includes a 1,864 SF office building, for $1,198,000.

Listing Agent

Kevin Endres

Three West, LLC Listed on: 04/01/2025

Property Details

Property Type

  • Land

Lot Details

  • 16,553 Sq Ft Lot
  • Lot Dimensions are 99x165
  • Level Lot
  • Zoning described as Commercial

Property Details

Property Type

Land

Lot Details

0.38 Acres

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Community Features: None
  • Horses: No
  • Lot Features: Level
  • Lot Size: 99x165
  • Road Surface Type: Asphalt
  • Has View?: No
  • Association Fee Frequency: Annually
  • Co List Office Mls Id: T337230
  • Subdivision Name: none
  • Special Features: None

Exterior Features

  • Exterior Features: None
  • Has Private Pool?: No
  • Waterfront Features: None
  • Waterfront?: No
  • Home Warranty: No

Garage/Parking

  • Has Attached Garage?: No

Utilities

  • Sewer: Public Sewer, Other
  • Utilities: Electricity Available, Natural Gas Available
  • Water Source: Public, Other

Schools

  • Junior High Dist: Traverse City Area Public Schools

Lot Info

  • Land Lease Amount Frequency: Annually
  • Current Use: Commercial
  • Lot Size Sq Ft: 16552.8
  • Zoning Description: Commercial

Multi Family

  • Above Grade Finished Area Units: Square Feet

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2025 08/22/25 Price Changed $399,000 -2.4% --
04/01/2025 04/01/25 For Sale $409,000 -- --
Source: Northern Great Lakes REALTORS® MLS

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1931950

Northern Great Lakes REALTORS® MLS
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