000 N Three Mile Road Traverse City, MI $ 168,000
000 N Three Mile Road
$ 168,000
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000 N Three Mile Road

Traverse City, MI, 49686
$ 168,000
Baths0.0

Monthly Estimate*

$ 1,117

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Studio

Commercial Property for sale in Traverse City, MI

for $168,000. The lot size is 2.5.

Fantastic opportunity! All the benefits of the city with nature are just a step away! This vacant parcel holds many possibilities! It provides high exposure with a sanctuary of beauty! MDot (Michigan Department of Transportation) traffic count is considered a high-traffic count corridor on this corner lot. It has an established ingress/egress off both Three Mile Road and South Airport. Both are public-maintained blacktop roads. This land is serviced by municipal water/sewer and natural gas. This level 2.5-acre lot is flanked to the south by Mitchell Creek, which is the third largest single tributary watershed to Grand Traverse Bay. It drains through approximately 16 square miles of land. The tributary originates adjacent to the Boardman River and is joined by numerous other small tributaries as it flows through East Bay and Garfield Townships and into East Grand Traverse Bay. The mouth of Mitchell Creek meets the beach area of Traverse City State Park. The creek flows through a mix of conifers and hardwoods, agricultural lands/open fields, lowland scrub, and finally, a moderately developed residential area before entering East Bay. Mitchell Creek Nature Preserve, just south on a 3-mile road, is a 128-acre tract of preserved land. It is essential for the health of the surrounding area because it helps filter out excess nutrients. It also assists in reducing seasonal flooding and water pollution. Finally, it provides an excellent habitat for many native species of birds, reptiles, fish, and plants. It is a popular local fishing venue that receives Steelhead migrations in the spring and Coho and Chinook Salmon migrations in the fall. Mitchell Creek generally has a sand and silt bottom, with some gravel areas. This secret gem is sure to catch your eye with its superb location and the oasis of nature that it provides... This parcel holds it all!

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Commercial Active

Price

$ 168,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Commercial/Industrial

Lot Size

2.5

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

80015591

Features
General
Heating None
Cooling None
Possession At Close
Water Public Water
Status Active Active
Year Built 0
Subdivision N/A
County Grand Traverse
Class COM/IND/BUS OPP
Type Commercial/Industrial
Business Name N/A
Percent Ownership Private
Municipality East Bay Twp
Section 18
Zoning Multi-Family Residential Other
Area East Bay Twp (28003)
Location Corner Lot
Directions Located at the corner of Three Mile Road and South Airport Road. Look for the sign. Park on the lot at curb cuts on the east corner of Three Mile or the North Corner of South Airport.
City Traverse City
Street Name Three Mile
Financial Terms Cash Conventional Exchange/Trade
Legal Description See Associated Documents Lengthy Legal
DOM 84
Coming Soon
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Exterior
Body of Water Creek
Lot Size Area 2.5
Lot Dimensions See Associated Document
Frontage Type Water
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* Excluded Features
List By
Erica Marshall

Listing Agent

Reo-Tcfront-233021

Broker

Erica@thetrilliumpartners.com

Email

Affordability Calculator

$1,117
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,117
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/4/2024$168,000 -5.62% Price Down
3/15/2024$178,000 Listed Price

Map


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000 N Three Mile Road, Traverse City, MI, 49686 is a Commercial Property for sale at $168,000 with a lot size of 2.5. 000 N Three Mile Road is a studio with 0.0 baths. The property's zip code is 49686 which is in Traverse City, MI