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1050 US 31 N - Waterfront Development Site (Traverse City) 4.33 Acres of Commercial Land in Traverse City, MI 49686

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INVESTMENT HIGHLIGHTS

High Traffic Corridor
Flexible Zoning

Waterfront Site with Views

EXECUTIVE SUMMARY

The Jonna group is pleased to introduce a prime investment opportunity in the heart of Northern Michigan. This property's Regional Business zoning offers immense potential for development and expansion in a high-demand area. Its waterfront and strategic location on U.S. Highway 31 North ensures excellent visibility and accessibility. With significant growth and development in the Northern Michigan region, this property presents a unique opportunity for a savvy investor seeking to capitalize on the area's economic momentum. Don't miss the chance to acquire a valuable asset in a deeply promising location.

Colliers Flyer

PROPERTY FACTS

Sale Type	Investment	Property Subtype	Commercial
No. Lots	1	Proposed Use	Commercial Retail Office Mixed Use Multifamily Apartment Units Apartment Units - Condo Auto Dealership Auto Repair Bank Bar Bowling Alley Carwash Tienda de conveniencia Daycare Centre Department Store Drugstore Fast Food Garden Centre Health Club Hotel Medical Motel Movie Theater Neighbourhood Centre Police or Fire Station Public Park Religious Facility Restaurant Veterinarian or Kennel
Property Type	Land	Total Lot Size	4.33 AC
Zoning	RB - Regional Business

Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Office Mixed Use Multifamily Apartment Units Apartment Units - Condo Auto Dealership Auto Repair Bank Bar Bowling Alley Carwash Tienda de conveniencia Daycare Centre Department Store Drugstore Fast Food Garden Centre Health Club Hotel Medical Motel Movie Theater Neighbourhood Centre Police or Fire Station Public Park Religious Facility Restaurant Veterinarian or Kennel
Total Lot Size	4.33 AC
Zoning	RB - Regional Business

1 LOT AVAILABLE

Lot

Lot Size	4.33 AC

Lot Size	4.33 AC

PART OF GOVT LOT 3, SEC 8, T27N, R10W, MORE FULLY DESCRIBED AS FOLLOWS: COMM AT TH SW 1/4 OF SEC 8 TH N 02 DEG 0505 W, 1057.4

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PROPERTY TAXES

Parcel Number	03-207-026-20	Improvements Assessment	$0 CAD
Land Assessment	$0 CAD	Total Assessment	$1,924,010 CAD

PROPERTY TAXES

Parcel Number

03-207-026-20

Land Assessment

$0 CAD

Improvements Assessment

$0 CAD

Total Assessment

$1,924,010 CAD

(248) 226-1610

CONTACTS

Simon Jonna
Tony Fayne
Jonna Group

Listing ID: 36248604
Date on Market: 2025-06-13
Last Updated:
Address: 1050 US 31 N, Traverse City, MI 49686

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1050 US 31 N, Traverse City, MI for sale Building Photo- Image 1 of 2 — Building Photo

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