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Danny Dedic

info@dedicatedrealtygroup.com +1(586) 855-6672

$ 3,800,000

Est. payment | -/mo

22 Baths

36.5 Acres Lot

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$ 3,800,000

Est. payment | -/mo

Save

22 Baths

36.5 Acres Lot

Key Details

Property Type Commercial

Sub Type BusinessandRealEstate

Listing Status Active

Purchase Type For Sale

MLS Listing ID 65026017794

Year Built 1955

Lot Size 36.500 Acres

Acres 36.5

Property Sub-Type BusinessandRealEstate

Property Description

Location, easy-access, high visibility, and income potential all come together in this unique Northern Michigan property. Located 8 miles south of Cherry Capital Airport, this property offers 36 acres + with 18 furnished rentals including 1, 2, and 3-BR units - in addition to a four-bedroom main residence on-site with attached apartment. This is an exceptional opportunity for investors, short-term rental buyers, or developers looking for prime real estate in one of Michigan's most popular year-round tourist destinations - Traverse City. The existing units provide the foundation for a resort, vacation rental community, corporate retreat, extended-stay property, special event venue, or other income-producing ventures.With direct frontage right on Garfield Rd, this property offers offers high-visibility and easy-access for commercial uses - such as retail or office space - or businesses providing services to travelers - including restaurants, motels, convenience stores, etc. (subject to local zoning and use permits). Guests can enjoy the award-winning restaurants, wineries, and festivals right in Traverse City - which has become known worldwide as a highly-desired tourist destination - then retreat after their busy day of sight-seeing to their private comfortably furnished unit in a peaceful country setting. This property is conveniently located near the Brown Bridge Quiet Area and Trailhead, the Arbutus Chain-of-Lakes, and parks, which offer year-round recreational opportunities - including hiking, fishing, canoeing, snowmobiling, birdwatching, and more. ??? The Flintfields Horseshows - Williamsburg, MI - 16 Miles ??? Interlochen Arts Academy - 21 Miles ??? Sleeping Bear Dunes - 48 Miles ??? Marina in the heart of downtown Traverse City - 12 Miles ??? Turtle Creek Baseball Stadium - 13 Miles ??? Turtle Creek Casino - Williamsburg, MI - 16 Miles ??? Mackinac Bridge - 124 Miles

Location

State MI

Area Area28051Eastbaytwp

Interior

Heating Forced Air, Propane, Wood

Fireplace No

Exterior

Utilities Available ElectricityConnected, PhoneConnected, Propane

View Y/N No

Roof Type Metal

Building

Sewer Septic Tank

Water Private, Well

New Construction No

Schools

School District Traverse City

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Brenda S Irish-Heintzelman of Traverse City Realty

NEARBY SCHOOLS & PROPERTIES

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(586) 855-6672

info@dedicatedrealtygroup.com

2960 Arbutus Hill RD East Bay Twp, MI 49696

Danny Dedic

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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2960 Arbutus Hill RD