TBD Mitten Drive Traverse City, MI ^$ 1,150,000

TBD Mitten Drive

^$ 1,150,000

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TBD Mitten Drive

Traverse City, MI, 49686

^$ 1,150,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 7,175

TBD Mitten Drive, Traverse City, MI 49686 - Image 1

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TBD Mitten Drive, Traverse City, MI 49686 - Image 12

Commercial Property for sale in Traverse City, MI

for $1,150,000. The lot size is 1.74.

Here is your exclusive opportunity to develop the property located at the entrance to the Cherry Capital Airport and Costco. Cherry Capital Airport has had a record year totaling more than 700,000 passengers and expected to undergo a $120 Million terminal expansion with a second concourse and 5 new gates in 2026. Excavating has been started on the land and the new zoning allows for a multitude of options to utilize this prime corner real estate including Gas Stations, Drive-Thru's, office and retail. The property has ingress/egress from both South Airport Road and Townline Road and excellent exposure with roughly 16,000 AADT count.

Commercial Active

Price

^$ 1,150,000

Property Type

Commercial

Taxes

^$ 0

Style

Commercial/Industrial

Lot Size

1.74

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

80051007

Features

General

Heating None

Cooling None

Possession At Close

Status Active Active

Year Built 0

Subdivision None

County Grand Traverse

Class COM/IND/BUS OPP

Type Commercial/Industrial

Business Name None

Ownership Private

Municipality East Bay Twp

Section 18

Zoning Commercial

Sale/Rent For Sale

Status Detail 0

Area East Bay Twp (28003)

Location Corner Lot

Directions South east corner of the intersection of South Airport Rd and Townline Rd.

City Traverse City

Financial Terms Cash Commercial Loan Conventional

Legal Description Lengthy see documents.

DOM 448

Public Remarks Here is your exclusive opportunity to develop the property located at the entrance to the Cherry Capital Airport and Costco. Cherry Capital Airport has had a record year totaling more than 700

Exterior

Lot Size Area 1.74

Lot Dimensions 363x199x188x23x175x220

* Excluded Features

List By

Kevin Endres

Listing Agent

Three West, Llc

Broker

kendres@threewest.com

Affordability Calculator

$7,175

Per Month

Monthly Principal & Interest: $7,175
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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

Trends
Schools

Commerical listings in Traverse City, MI

Average List Price ^$684,173

Percent of Sale Price 41%

About Traverse City, MI

15,817 Population

7% Since 2002

^$49,237 Median Income

41.86 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/25/2024	$1,000,000		Listed Price

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TBD Mitten Drive, Traverse City, MI, 49686 is a Commercial Property for sale at $1,150,000 with a lot size of 1.74. The property's zip code is 49686 which is in Traverse City, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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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TBD Mitten Drive

Commercial Property for sale in Traverse City, MI

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