315/319 Fair Street Traverse City, MI $ 490,000
315/319 Fair Street
$ 490,000
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315/319 Fair Street

Traverse City, MI, 49686
$ 490,000
Baths0.0

Monthly Estimate*

$ 3,017

315/319 Fair Street, Traverse City, MI 49686 - Image 1
315/319 Fair Street, Traverse City, MI 49686 - Image 2
315/319 Fair Street, Traverse City, MI 49686 - Image 3
315/319 Fair Street, Traverse City, MI 49686 - Image 4
315/319 Fair Street, Traverse City, MI 49686 - Image 5
315/319 Fair Street, Traverse City, MI 49686 - Image 6
315/319 Fair Street, Traverse City, MI 49686 - Image 7
315/319 Fair Street, Traverse City, MI 49686 - Image 8
Studio

Lots and Land for sale in Traverse City, MI

for $490,000. The lot size is 0.37.

A rare opportunity to TWO prime in-town parcels in the heart of Traverse City! This 100x165 lot offers exceptional potential for new construction or investment development, located just steps from the Civic Center, TART Trail, shopping, restaurants, and local schools. This property provides options for single-family homes, with garage or possible accessory dwelling unit (ADU)-subject to city approval. With city water, sewer, and natural gas available, these parcels are ready for your vision. Develop both or keep one for yourself and develop one! Opportunities like this are becoming increasingly rare in Traverse City’s core, don’t miss the chance to design and build in one of the area’s most walkable neighborhoods!

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Lots and Land Active

Price

$ 490,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Lot Size

0.37

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

1941859

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 Fosters & Crotsers Add
Garage Y/N Y
Other Structures Garage(s)
Status Active
Directions Fair St across from the Civic Center
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 16117.2
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 27678
Ownership Type Private Owner
Lease Amount Frequency Annually
Legal Description LOT 17 FOSTER & CROTSER'S ADD/LOT 18 FOSTER & CROTSERS ADD
Freehold IDX
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Exterior
Lot Features Level Other
Water Source Public None
Lot Size Area 0.37
Spa N
Lot Dimensions 100x165x100x166
Lot Size Acres 0.37
Road Surface Type Asphalt
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
Key Realty One-Tc

Broker

Cell: 443-895-0764

Contact

Affordability Calculator

$3,017
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,017
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
Pricing History
DatePricePrice ChangeDescription
1/27/2026$490,000 Listed Price

Map


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315/319 Fair Street, Traverse City, MI, 49686 is a Lots and Land for sale at $490,000 with a lot size of 0.37. 315/319 Fair Street is a studio with 0.0 baths. The property's zip code is 49686 which is in Traverse City, MI