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$4,900,000
Est. payment /mo
1,780 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 1,780 sqft
Price per Sqft $2,752
Subdivision Mi
MLS Listing ID 80064318
Year Built 2023
Annual Tax Amount $126,930
Lot Size 9.000 Acres
Acres 9.0
Lot Dimensions IRREG
Property Sub-Type Commercial/Industrial
Property Description
This 9-acre parcel is part of the renowned KOTI resort community and is available as a standalone opportunity for investors seeking multifamily, mixed-use, or condo-resort development potential. The property is preliminarily site-planned for up to 146 units, offering flexibility for townhomes, apartments, or condominiums. All necessary zoning and infrastructure are already in place, including interior roadways, MDOT-approved access points, and direct connectivity to the scenic TART Trail. Positioned just a quarter mile from the East Arm of sparkling Grand Traverse Bay and only minutes from downtown Traverse City, the site is perfectly situated for personal getaway use or as a highly desirable, full-season lifestyle destination. Surrounded by premier regional attractions such as the Grand Traverse Resort and Spa, Turtle Creek Hotel & Casino, Flintfields Horse Park, and five world-class golf courses, this location offers year-round appeal for residents and visitors alike. An opportunity of this caliber is rare. For those looking to create or expand within one of northern Michigan’s most sought-after vacation corridors, this property is ready for its next chapter.
Location
State MI
County Grand Traverse
Area Acme Twp (28001)
Zoning Commercial,Other
Interior
Heating Forced Air
Cooling Central A/C
Exterior
Parking Features Parking Lot
Roof Type Metal,Other-See Remarks
Building
Foundation Slab
Water Public Water
Structure Type Frame,Wood
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Commercial Loan
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Listed by REMAX Bayshore - W Bay Shore Dr TC
Nearby Locations
SCHOOLS PROPERTIES
Elementary Schools 1
- 0
International School at Bertha Vos
Public | PK - 6
School and business data provided by Attom Data.
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