4230 M-72 E Active

Williamsburg,MI 49690

$ 1950000

- Bed

- Bath

12259 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 12,259 sqft

Price per Sqft $159

Subdivision Mi

MLS Listing ID 1932773

Year Built 1990

Lot Size 4.350 Acres

Acres 4.35

Lot Dimensions TBD

Property Sub-Type Mixed Use

Property Description

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.

Location

State MI

County Grand Traverse

Zoning Retail,Commercial,Planned Unit Development

Rooms

Basement Block

Interior

Heating Forced Air,Other

Cooling Forced Air,Other

Exterior

Exterior Feature Other

Roof Type Other

Present Use Restaurant/Food Service,Manufacture/Warehouse,Other,Bar

Road Frontage Public Maintained,Blacktop

Building

Sewer Municipal

Water Municipal Water

Others

Tax ID TBD

Ownership Corporate Owned

Acceptable Financing Conventional Mortgage,Commercial Loan,Cash

Listing Terms Conventional Mortgage,Commercial Loan,Cash

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