$1,100,000
$1,280,000
14.1%For more information regarding the value of a property, please contact us for a free consultation.
1,000 SqFt
SOLD DATE : 12/21/2021
Key Details
Sold Price $1,100,000
Property Type Commercial
Sub Type Commercial,Business Opportunity
Listing Status Sold
Purchase Type For Sale
Square Footage 1,000 sqft
Price per Sqft $1,100
MLS Listing ID 78001329244
Sold Date 12/21/21
Originating Board Aspire North REALTORS®
Year Built 1968
Lot Size 4.000 Acres
Acres 4.0
Lot Dimensions irreguilar
Property Description
Most exciting development parcel in Leelanau County. Has potential for mixed-use development, condominiums or retail. Has re-zoning potential to Commercial from Neighborhood Commercial. Very close to the TART trailhead at Cherry Bend Rd., grocery store, banking institutions and restaurants. Property is located on M-22 across from the Center Point building and boasts beautiful views of Grand Traverse West Bay. Property currently has 5 rental homes which are all occupied, which would help offset carrying costs.
Location
State MI
County Leelanau
Area Elmwood Twp
Zoning Residential
Interior
Heating Forced Air
Heat Source Natural Gas
Exterior
Waterfront no
Roof Type Asphalt
Building
Foundation Slab
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Vinyl
Schools
School District Traverse City
Others
Tax ID 00402810510
Ownership Private Owned
Acceptable Financing Cash, Conventional, Trade/Exchange
Listing Terms Cash, Conventional, Trade/Exchange
Financing Cash,Conventional,Trade/Exchange
Special Listing Condition Unknown/Data Share Listings
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280 North Old Woodward Avenue, Suite 100, Birmingham, MI, 48009, United States