MLS Public Remarks Spectacular High Exposure Development Parcel located at the Northeast corner of US-31 (Division Street) and Fourteenth street. Existing 4,000 sq ft building (formally Fifth Third Bank) has been extensively remodeled. Property has been re-zoned to C-2 allowing for a verity of commercial uses. Entire parcel contains 19 city lots encompassing an entire city block. Keep the existing building and build an additional building or tear down and develop the entire block. Deed restriction in place prohibiting any financial institution activity for six more years.
http://www.maxbroock.com.com/1914940
Township Traverse City
Directions Notheast corner of Division (US-31) and Fourteenth Street / Silver Lake Rd
Fin Below Grd SqFt 0
Total Fin SqFt 3,928
Price/SqFt $993
Current Use Educational,Restaurant/Food Service,Medical/Dental,Office Building,Retail Store,Service,Religious,Other,Bar,Convenience Store
Unfinished SqFt 0
Above Grade Finished SqFt 0
CDOM 262
Sub Property Type Retail/Commercial
Year Built 1974
Days on Market 262
Land Assessment -
Improvements -
Acreage 1.25
Taxes -
Tax Year -
Summer Taxes -
Winter Taxes -
Lower Level Square Footage 0
Waterview N
Waterfront N
For Lease/Rent N
Est. Total Acres 1.25
Lot Dimensions 400X115
WaterFrontage
0
Heating Central Air, Forced Air, Natural Gas, Zoned/Dual
Cooling Central Air, Forced Air, Natural Gas, Zoned/Dual
Water Municipal Water
Zoning Commercial
Heating Central Air, Forced Air, Natural Gas, Zoned/Dual
Garage 0.0
Basement details Poured Concrete, Slab, Wood
Sewer Municipal
Features 12ft Ceiling Height, 3-Phase Electric, Furniture/Fixtures, Security System, Sprinkler System
Parking Desc Parking Lot, Paved
Exterior Features Brick
Terms/Misc. Cash, Commercial Loan
Possession At Closing
Status Change Date 04/03/2024
Listing Date 08/21/2023
Internet/IDX Y
Licensee Interest None
Listing Office
Twin Bay Properties, Llc
Office Address
3287 Raquet Club Drive, Suite A
Listing Number
1914940
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