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3112 Coho Drive # Unit: 3 Traverse City, MI $ 500,000
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$ 500,000 Get more info
3112 Coho Drive # Unit: 3
$ 500,000
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3112 Coho Drive # Unit: 3

Traverse City, MI, 49686
$ 500,000
Baths0.0

Monthly Estimate*

$ 3,493

3112 Coho Drive # Unit: 3, Traverse City, MI 49686 - Image 1
3112 Coho Drive # Unit: 3, Traverse City, MI 49686 - Image 2
3112 Coho Drive # Unit: 3, Traverse City, MI 49686 - Image 3
3112 Coho Drive # Unit: 3, Traverse City, MI 49686 - Image 4
3112 Coho Drive # Unit: 3, Traverse City, MI 49686 - Image 5
3112 Coho Drive # Unit: 3, Traverse City, MI 49686 - Image 6
Studio

Commercial Property for sale in Traverse City, MI

for $500,000. This building was built in 2024 on a lot size of 2.

Fantastic opportunity to own several acres of Development land located near the airport entrance and across from Costco and Versa's new proposed $30M-$40M Multi Use / Commercial development. This listing is for Unit #3 (see drawing in docs). Sale contingent upon the completed Condominium Conversion of entire site. Owner to finish the required common area site improvements during construction. Units 2 & 3 are also available for sale. Property is zoned Airport Services (AS) and allows for multiple uses, including retail, commercial and multi family. A simple modification of the existing plans could allow for commercial development utilizing the existing infrastructure in place. This is a wonderful opportunity for a developer to take over and use all of the existing plans or modify for their own particular use. Owner would consider very favorable owner financing

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Commercial Active

Price

$ 500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Commercial/Industrial

Lot Size

2

Year Built

2024

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

80015702
Features
General
Heating None
Cooling None
Possession Negotiable (Possession)
Roof Other-See Remarks
Water Public Water
Status Active Accepting Backup Offers
Year Built 2024
Subdivision none
County Grand Traverse
Class COM/IND/BUS OPP
Type Commercial/Industrial
Business Name Mitten Apartments
Percent Ownership Private
Municipality East Bay Twp
Section 18
Zoning Multi-Family Professional Office Commercial Other
Area East Bay Twp (28003)
Directions On the south side of South Airport Road just east of Townline across from Costco
City Traverse City
Street Name Coho
Financial Terms Cash Commercial Loan Exchange/Trade Purchase Money MTG
Legal Description PART OF TH SW 1/4 OF SEC 18 T27N R10W BEING MORE FULLY DESCRIBED AS FOLLOWS: COMM AT TH SW COR OF SEC 18; TH N 00 DEG 42'26” E 1099.25 FT ALG TH W LN OF SEC 18; TH N 87 DEG 42'51 E
DOM 42
Coming Soon
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Exterior
Exterior Other
Lot Size Area 2
Lot Dimensions 460X188
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Interior
Fuel Type Natural Gas
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* Excluded Features
List By
David Cutler

Listing Agent

Twin Bay Properties, Llc

Broker

dave@twinbayproperties.com

Email

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$3,493
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Monthly Principal & Interest
$3,493
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
760529 Elementary School
760235 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/19/2024$500,000 Listed Price

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3112 Coho Drive # Unit: 3, Traverse City, MI, 49686 is a Commercial Property for sale at $500,000 with a lot size of 2. 3112 Coho Drive # Unit: 3 is a studio with 0.0 baths and was built in 2024. The property's zip code is 49686 which is in Traverse City, MI

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