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$1,950,000
Est. payment /mo
12,259 SqFt
UPDATED:
12/27/2024 10:02 AM
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 12,259 sqft
Price per Sqft $159
Subdivision Mi
MLS Listing ID 80013081
Year Built 1990
Lot Size 4.350 Acres
Acres 4.35
Lot Dimensions TBD
Property Description
Outstanding investment opportunity! This shovel-ready building site is ready for new mixed-use construction. Situated in a fantastic location on a busy thoroughfare, this 4.35-acre parcel is currently zoned for multi-story/mixed use and short term rentals, and has an approved PD to accommodate a building footprint of 32,300 sq ft with a 45-foot height requirement, allowing for retail space on floor 1 for up to 19 units, and 2 floors of residential condominium units. All site infrastructure is fully developed, including underground sewer, water, electric, cable, and storm water management - imagine the possibilities! Included is a 12,000 sq ft mixed-use building known to locals as the former Williamsburg Dinner Theatre. Located just a 1/4 mile from the east arm of Grand Traverse Bay and the newly renovated public Bayside Park. Directly adjacent to Acme Meijer, 3.5 miles from Turtle Creek Casino, and less than 1.5 miles from the Grand Traverse Resort & Spa and its renowned golf courses "The Bear", "The Wolverine", and "Spruce Run". For those seeking adventure, this property also features direct access to the TART Trail and the newly constructed bridge over cascading Acme Creek, connecting the adjoining KOTI property- Traverse City's newest luxury vacation rental experience.
Location
State MI
County Grand Traverse
Area Acme Twp (28001)
Zoning Commercial
Interior
Heating Forced Air
Cooling Other
Exterior
Parking Features Parking Lot
Roof Type Other-See Remarks
Building
Water Public Water
Structure Type Frame
Others
Ownership Corporation
Energy Description Natural Gas
Financing Cash,Commercial Loan,Conventional
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Listed by REMAX Bayshore - W Bay Shore Dr TC