Outstanding investment opportunity! This shovel-ready building site is ready for new mixed-use construction. Situated in a fantastic, easy access location on a busy thoroughfare, this 4.35-acre parcel is currently zoned for multi-story/mixed use with the potential for short term rentals, and has an approved PD to accommodate a building footprint… Read More 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. Read Less
Courtesy of REMAX Bayshore - W Bay Shore Dr TC.
Listing Snapshot
Days Online
2
Last Updated
Property Type
Commercial/Industrial
Square Ft.
12,259
Lot Size
4.35 Acres
Year Built
1990
MLS Number
80064322
30 Days Snapshot Of 49690
$350k
+8%
(avg) sold price
1
-50%
home sold
52
-3%
(avg) days on market
Snapshot
Area Map
Additional Details
Amenities
Other
Building
12,259 square feet, Built in 1990
Cooling
Other
Exterior Features
Frame
Water Features
Public Water
Heating
Forced Air, Natural Gas
Lot
4.35 acres, Lot size: TBD
Parking
Parking Lot
Property
Business name: Williamsburg Event Center, Bar/Tavern, Manufacturing, Restaurant, Commercial
Roof
Other-See Remarks
Sewer
Public Sanitary
Taxes
Total amount: $126,931
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