305 S US-31 Traverse City, MI $ 675,000
305 S US-31
$ 675,000
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305 S US-31

Traverse City, MI, 49685
$ 675,000
Bedrooms-- Baths-- Sq 3,840

Monthly Estimate*

$ 4,211

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Commercial Property for sale in Traverse City, MI

for $675,000. This 3,840 square foot building was built in 1964 on a lot size of 1.15.

High-visibility corner lot on US-31, at the intersection of US-31S and Foster Dr. now available for sale. Blair Township's CM zoning allows a large variety of commercial uses, and the high traffic count (over 25,000 cars/day) and corner lot ensure maximum exposure for your business. The current buildings will be available at closing and include a 1,440-sqft retail/office building and a 2,400-sqft pole building. Whether using the existing buildings or redeveloping with a new vision, this well-positioned property is worth a look!

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Commercial Active

Price

$ 675,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

1.15

Year Built

1964

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

1937517

Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas
Cooling Central Air
Possession Close Of Escrow
Roof Metal
Construction Materials Frame Vinyl Siding Aluminum Siding Steel
Year Built 1964
Township Blair
Property Subtype Retail
Business Type Professional/Office Retail
Accessibility Accessible Entrance Covered Entrance
Assoc Fee Paid Per Annually
Business Name N/A
County Grand Traverse
New Construction N
Property Type Commercial Sale
Attached Garage N
Energy Efficient Not Applicable
Subdivision Name None
Garage Y/N N
Building Features 12ft Ceiling Height
Green Water Conservation Not Applicable
Rent Includes None
Status Active U/C Taking Backups
Directions NE corner of intersection of US-31S and Foster Drive access from highway or from Foster Drive
City Traverse City
Zoning Description Commercial
Lot Size Units Acres
Lot Size Square Feet 50094.0
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
Ownership Type Private Owner
Lease Amount Frequency Annually
Legal Description S 200' OF N 400' OF W 293' OF SW 1/4 OF NW 1/4 SEC 4 T26N R11W PUBLIC UTILITY LINE EASEMENT - SEWER RECORDED 7-29-05 2005R-16975
Freehold IDX
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Exterior
Parking Features Paved Parking Lot
Lot Features Corner Lot Freestanding
Water Source Private
Lot Size Area 1.15
Foundation Details Slab
Spa N
Lot Dimensions 200' x 293'
Lot Size Acres 1.15
Road Surface Type Asphalt
Other Parking Paved Parking Lot
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 Y
Heating Y/N Y
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
Exit Northern Shores-Tc

Broker

(231) 342-8072

Phone

Affordability Calculator

$4,211
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,211
Monthly Property Taxes
--
Monthly 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
2034270 Elementary School
2034440 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/14/2025$675,000 Listed Price

Map


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305 S US-31, Traverse City, MI, 49685 is a Commercial Property for sale at $675,000 with 3,840 sqft and a lot size of 1.15. 305 S US-31 was built in 1964. The property's zip code is 49685 which is in Traverse City, MI