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900 sqft | MLS# 78080003191
Active $4,500,000
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Amazing development parcel. Unobstructed views of West Grand Traverse Bay and Downtown. Approximately one (1) mile from downtown Traverse City. City sewer and water. No tapping fees. Zoned C-1, allowing for condominiums or apartments. Four (4) stories by right with a fifth open air floor allowed. Beautiful sloping topography for increased view corridors. This zoning allows for no restriction on density as long as the minimal setbacks and impervious surface requirements have been met. This site will accommodate well over 100 units. There is not another parcel like this in or around Traverse City available for purchase. There is a small house on the property.
School District: Traverse City County: Leelanau Status: Active Listing Type: Commercial Year Built: 1940
Sewer: Public Sewer (Sewer-Sanitary) Exterior: Aluminum,Frame
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