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

305 S Us-31, Traverse City, MI 49685 - Image 1

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305 S Us-31, Traverse City, MI 49685 - Image 10

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!

Commercial Active

Price

^$ 675,000

Property Type

Commercial

Taxes

^$ 0

Style

Commercial/Industrial

Lot Size

1.15

Year Built

1964

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

80060798

Features

General

Heating Forced Air

Cooling Central A/C

Possession At Close

Roof Metal

Water Private Well

Status Active Accepting Backup Offers

Year Built 1964

Parking Parking Lot

Subdivision None

County Grand Traverse

Class COM/IND/BUS OPP

Type Commercial/Industrial

Business Name N/A

Ownership Private

Municipality Blair Twp

Section 4

Zoning Commercial

Sale/Rent For Sale

Status Detail 3

Commercial Features ADA Accessible

Area Blair Twp (28002)

Location Corner Lot

Directions NE corner of intersection of US-31S and Foster Drive access from highway or from Foster Drive

City Traverse City

Financial Terms Cash Commercial Loan Conventional Exchange/Trade

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

DOM 127

Price Per Sq Ft Total AG 175.78

Public Remarks 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

Exterior

Exterior Aluminum Frame Vinyl Siding

Lot Size Area 1.15

Lot Dimensions 200' x 293'

Interior

Ceiling Height Less than 16 Ft.

Fuel Type Natural Gas

* Excluded Features

List By

Marty Stevenson

Listing Agent

Exit Northern Shores-Tc

Broker

marty@tcexit.com

Affordability Calculator

$4,211

Per Month

Monthly Principal & Interest: $4,211
Monthly Property Taxes: --
Monthly Home Insurance: --

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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 1%

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
8/14/2025	$675,000		Listed Price

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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

*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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305 S Us-31

Commercial Property for sale in Traverse City, MI

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