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315 Fair Street Traverse City, MI $ 245,000
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315 Fair Street
$ 245,000
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315 Fair Street

Traverse City, MI, 49686
$ 245,000
Baths0.0

Monthly Estimate*

$ 1,509

315 Fair Street, Traverse City, MI 49686 - Image 1
315 Fair Street, Traverse City, MI 49686 - Image 2
315 Fair Street, Traverse City, MI 49686 - Image 3
315 Fair Street, Traverse City, MI 49686 - Image 4
315 Fair Street, Traverse City, MI 49686 - Image 5
315 Fair Street, Traverse City, MI 49686 - Image 6
Studio

Lots and Land for sale in Traverse City, MI

for $245,000. The lot size is 0.18.

Prime Traverse City opportunity in the heart of it all! This vacant parcel at 315 Fair St sits directly across from the Civic Center and puts you minutes from everything that makes TC so desirable Dennos Museum, TC Central High School, downtown, West Bay beaches, Munson, shopping, dining, and an easy drive to Cherry Capital Airport. Zoned R1B, this property provides options for 2 single-family homes, with garage or possible accessory dwelling unit (ADU)-subject to city approval. With city water, sewer, and natural gas available. Whether you’re a developer looking for a high-demand location with strong resale/rental potential, or a future homeowner dreaming of a custom build close to parks, trails, and the best of Traverse City, this parcel checks the boxes for lifestyle and investment. Bring your plans and unlock the potential of this rare, centrally located build site!

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Lots and Land Active

Price

$ 245,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Lot Size

0.18

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

1941734
Features
General
Sewer Public Sewer None
Utilities Electricity Available
Possession Close Of Escrow
Township Traverse City
Waterfront Features None
Community Features None
Assoc Fee Paid Per Annually
County Grand Traverse
New Construction N
Property Type Land
Attached Garage N
Subdivision Name Foster & Crotsers Add
Garage Y/N Y
Other Structures Garage(s)
Status New
Directions Fair St. Heading north on the right
City Traverse City
High School District Traverse City Area Public Schools
Zoning Description Residential Metes and Bounds Splits Available
Lot Size Units Acres
Lot Size Square Feet 7840.8
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
Middle/Junior School District Traverse City Area Public Schools
Elementary School District Traverse City Area Public Schools
Tax Assessed Value 14805
Ownership Type Private Owner
Lease Amount Frequency Annually
Legal Description LOT 17 Foster & Crotser's Add
Freehold IDX
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Exterior
Lot Features Other
Water Source Public None
Lot Size Area 0.18
Spa N
Lot Dimensions 50x165x50x164
Lot Size Acres 0.18
Road Surface Type Asphalt
Waterfront Y/N N
Road Responsibility Private 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
Key Realty One-Tc

Broker

Cell: 443-895-0764

Contact

Affordability Calculator

$1,509
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,509
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
2034238 Elementary School
2034116 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/16/2026$245,000 Listed Price

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315 Fair Street, Traverse City, MI, 49686 is a Lots and Land for sale at $245,000 with a lot size of 0.18. 315 Fair Street is a studio with 0.0 baths. The property's zip code is 49686 which is in Traverse City, MI

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