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Price: $1,950,000.00

Listing # 1917681

Address 4230 M-72 E

City: Williamsburg

State: MI

Zip: 49690

Square Ft.: 12259

Acres: 4.35

 

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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