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520 Railroad Avenue Traverse City, MI $ 1,575,000
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$ 1,575,000 Get more info
520 Railroad Avenue
$ 1,575,000
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520 Railroad Avenue

Traverse City, MI, 49686
$ 1,575,000
Bedrooms-- Baths--

Monthly Estimate*

$ 9,698

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Commercial Property for sale in Traverse City, MI

for $1,575,000. The lot size is 1.46.

This 1.46 Acre development parcel sits in the center of Traverse City with multi-modal opportunities with easy motorized access east-west along E Eighth Street and north south along Woodmere Ave. and non-motorized access to the TART Trail and the newly constructed Boardman Lake Loop. There is also a BATA Bus Stop on Woodmere Avenue for a public transportation option. The site is ready to be built and would make a wonderful multi-family infill development that is close to shopping, transportation, recreation and restaurants. Includes two parcels. 520 Railroad Ave - Southwest corner of the intersection of Station St and Railroad Ave. 648 Railroad Place - Southwest corner of Railroad Ave and Railroad Place.

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Commercial Active

Price

$ 1,575,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

1.46

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

1925586
Features
General
Sewer Public Sewer
Possession Close Of Escrow Subject To Tenant Rights
Roof None
Construction Materials None
Year Built 0
Township Traverse City
Property Subtype Retail
Current Use Vacant
Business Type None
Accessibility None
Assoc Fee Paid Per Annually
Business Name None
County Grand Traverse
New Construction N
Property Type Commercial Sale
Attached Garage N
Subdivision Name None
Garage Y/N N
Building Features None
Rent Includes None
Status Active U/C Taking Backups
Directions 520 Railroad Ave - Southwest corner of the intersection of Station St and Railroad Ave.
City Traverse City
Zoning Description Commercial
Lot Size Units Acres
Lot Size Square Feet 63597.6
Carport Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Lease Considered Y/N N
Living Area Units Square Feet
Standard Status Active
Tax Assessed Value 107985
Ownership Type Private Owner
Lease Amount Frequency Annually
Legal Description Lengthy see documents.
Freehold IDX
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Exterior
Parking Features None
Lot Features Corner Lot
Water Source Public
Lot Size Area 1.46
Foundation Details None
Spa N
Lot Size Acres 1.46
Waterfront Y/N N
Road Responsibility Public Maintained Road
Horse Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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* Excluded Features
List By
Three West, Llc

Broker

(231) 534-5225

Phone

Affordability Calculator

$9,698
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,698
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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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Nearby
2034270 Elementary School
2034440 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/5/2024$1,575,000 Listed Price

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520 Railroad Avenue, Traverse City, MI, 49686 is a Commercial Property for sale at $1,575,000 with a lot size of 1.46. The property's zip code is 49686 which is in Traverse City, MI

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