For Sale
$158,000

3 Mile Rd Traverse City, MI 49696

2.5-Acre Multi-Family Development Site

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 2.5-acre commercial land parcel in Traverse City, Michigan (APN 03-218-049-20), presents a remarkable development opportunity. Located on N Three Mile Rd, this high-visibility corner lot boasts excellent ingress/egress points off both Three Mile Road and South Airport, both public blacktop roads. The property is zoned for multi-family use and enjoys a high traffic count, as confirmed by the Michigan Department of Transportation. All essential utilities are readily available, including municipal water, sewer, and natural gas. The level lot offers significant advantages for construction. This unique location combines the convenience of city access with the unparalleled beauty of its natural surroundings. The property is bordered to the south by Mitchell Creek, a significant tributary to Grand Traverse Bay, and is situated near the 128-acre Mitchell Creek Nature Preserve. This preserve plays a vital role in maintaining the ecological health of the area, offering flood control, water filtration, and a rich habitat for diverse flora and fauna. The proximity to this natural sanctuary enhances the property's appeal and provides a unique selling point. This is a truly exceptional opportunity to develop a project that capitalizes on both urban convenience and the tranquility of nature. The asking price is $158,000. The zip code is 49696.

Highlights

  • $158,000 asking price for 2.5 acres of commercial land zoned for multi-family development.
  • High-traffic corner lot with excellent visibility on Three Mile Road and South Airport.
  • Level lot serviced by municipal water, sewer, and natural gas.
  • Convenient ingress/egress from public roads.
  • Exceptional location offering city amenities and proximity to Mitchell Creek and the Mitchell Creek Nature Preserve.

Property Details for 0 3 Mile Rd

Property type
Land
Lot Size (sq. ft)
108,900 SF

Location Insight

City
Traverse City
County
Grand Traverse
State
Michigan
Latitude
44.7065427
Longitude
-85.5566624

FAQs

What type of property is this?
Land - 2.5-Acre Multi-Family Development Site
Where is the land located?
The property is located at 3 Mile Rd Traverse City, MI.
What is the asking price?
The asking price for this property is $158,000.
What are key features of this property?
This property features: $158,000 asking price for 2.5 acres of commercial land zoned for multi-family development.; High-traffic corner lot with excellent visibility on Three Mile Road and South Airport.; Level lot serviced by municipal water, sewer, and natural gas.
How can I contact the broker?
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0 3 Mile Rd
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