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Price: $1,950,000.00Listing # 1917681 Address 4230 M-72 E City: Williamsburg State: MI Zip: 49690 Square Ft.: 12259 Acres: 4.35
Outstanding investment opportunity! This shovel-ready building site is ready for new mixed-use construction. Situated in a fantastic location on a busy thoroughfare, this 4.35-acre parcel is currently zoned for multi-story/mixed use and 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.
Basic Features: Acres: 4.35 Area: Grand Traverse Type: Commercial Sale Square Ft: 12259
Additional Features: Basement: Business Included: Food & Beverage,Manufacture/Warehouse,Other,Bar/Tavern/Lounge Business Name: Williamsburg Event Center Construction: Frame,Other Current Zoning: Retail,Commercial,Planned Unit Development Dimensions: Directions: From Traverse City, take US-31 N to E M-72 in Acme and turn right. Property is on the right, just past KOTI Vacation Rentals and Northern Michigan Veterinary Hospital. Days On Market: 505 Days On MLS: 505 Financing: Floor Type: Heating: Forced Air,Natural Gas Cooling: Licenses: Other Location: Freestanding Lot: Documents: Other Possession: Negotiable Property Status: Expired Road Frontage: Roofing: Other For Sale Or Lease: Commercial Sale Township: Acme Waste: Public Sewer Water: Public Year Built: 1990 Zoning: Retail,Commercial,Planned Unit Development Listing courtesy of REMAX Bayshore - W Bay Shore Dr TC 12930 S West Bay Shore Dr Traverse City, MI 49684 |