4160 E M-72 E, AcmeTownship_GrandTraverse, Michigan

$1,995,000

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About 4160 E M-72 E

Outstanding investment opportunity! This shovel-ready building site is ready for new mixed-use construction. Situated in a fantastic, easy access location on a busy thoroughfare, this 4.35-acre parcel is currently zoned for multi-story/mixed use with the potential for short term rentals, and has an approved PD to accommodate a building footprint of 32,300 sq ft with a 45-foot height requirement, allowing for retail space on floor 1 for up to 19 units, and 2 floors of residential condominium units. All site infrastructure is fully developed, including underground sewer, water, electric, cable, and storm water management - imagine the possibilities! Included is a 12,000 sq ft mixed-use building known to locals as the former Williamsburg Dinner Theatre. Located just a 1/4 mile from the east arm of Grand Traverse Bay and the newly renovated public Bayside Park. Directly adjacent to Acme Meijer, 3.5 miles from Turtle Creek Casino, and less than 1.5 miles from the Grand Traverse Resort & Spa and its renowned golf courses "The Bear", "The Wolverine", and "Spruce Run". For those seeking adventure, this property also features direct access to the TART Trail and the newly constructed bridge over cascading Acme Creek, connecting the adjoining KOTI property- Traverse City's newest luxury vacation rental experience.

Features of 4160 E M-72 E

MLS® # 78080064322
Price $1,995,000
Acres 0.00
Year Built 1990
Type CommercialSale
Status Active

Community Information

Address 4160 E M-72 E
Area Area28021AcmeTwp
Subdivision METES & BOUNDS
City AcmeTownship_GrandTraverse
County GrandTraverse
State Michigan

Amenities

Utilities NaturalGasConnected
Parking ParkingLot
Is Waterfront No
Has Pool Yes

Interior

Heating ForcedAir, NaturalGas
Cooling Other
Fireplace Yes

Exterior

Roof Other
Construction Frame

School Information

District TraverseCity
High TraverseCity

Additional Information

Zoning Commercial
Foreclosure Yes
Short Sale Yes
RE / Bank Owned Yes

Listing Details

OfficeREMAX Bayshore - West Shore Dr TC

Listing Map

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