13380 SW Bay Shore Drive Traverse City, MI $ 3,200,000
13380 SW Bay Shore Drive
$ 3,200,000
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13380 SW Bay Shore Drive

Traverse City, MI, 49684
$ 3,200,000
Baths0.0 Sq 600

Monthly Estimate*

$ 21,268

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Studio Commercial Property for sale in Traverse City, MI for $3,200,000. This 600 square foot building was built in 1950 on a lot size of 12.01.

Prime development parcel at the base of West Grand Traverse Bay. Perfect for hotel, condo/hotel or commercial waterfront uses. This 12.01 acre parcel has 300 feet of private West Bay frontage with an existing pier and boat slips. Site has excellent exposure on M22 with morning sunrise views and evening City light views. The parcel has direct access to the Leelanau Tart Trail. Approximate buildable acreage is 5.24. The site has previously been approved for Hotel/Condo use and a 64 slip marina. Seller has the following available to qualified buyers: surveys, environmental reports, complete engineered Marina drawings, EGLE permits, township communications, Wave Study, and Brownfield funding information. Buyer to confirm possible uses and zoning with appropriate municipal and governmental authorities. The seller and seller's agent make no

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Commercial Pending

Price

$ 3,200,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Commercial/Industrial

Lot Size

12.01

Year Built

1950

Town/City

Traverse City

County/Region

LEELANAU

MLS | Web ID

80014156

Features
General
Heating Wall Heat
Cooling Wall/Window A/C
Possession At Close
Roof Asphalt
Water Public Water
Status Pending Pending
Year Built 1950
Subdivision Elmwood Township
County Leelanau
Class COM/IND/BUS OPP
Type Commercial/Industrial
Business Name None
Percent Ownership Private
Municipality Elmwood Twp
Section 30
Zoning Commercial
Area Elmwood Twp (45004)
Directions M-22 North of Tom's West Bay Shopping Center 3/4 mile. Property on both sides of M-22
City Traverse City
Street Name Bay Shore
Financial Terms Cash Commercial Loan
Legal Description See Associated Documents. To be confirmed by Title company
DOM 101
Price Per Sq Ft Total 5333.33
Coming Soon Prime development parcel at the base of West Grand Traverse Bay. Perfect for hotel
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Exterior
Exterior Frame Wood
Body of Water Grand Traverse Bay
Lot Size Area 12.01
Lot Dimensions See Associated Document
Frontage Type Water
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Interior
Fuel Type LP/Propane Gas
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* Excluded Features
List By
Ted Lockwood

Listing Agent

Remax Bayshore - W Bay Shore Dr Tc

Broker

ted@teddylockwood.com

Email

Affordability Calculator

$21,268
Per Month
100%
0%
0%
Monthly Principal & Interest
$21,268
Monthly Property Taxes
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Monthly Home Insurance
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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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Nearby
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/25/2024$3,200,000 -17.95% Price Down
1/21/2024$3,900,000 Listed Price

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13380 SW Bay Shore Drive, Traverse City, MI, 49684 is a Commercial Property for sale at $3,200,000 with 600 sqft and a lot size of 12.01. 13380 SW Bay Shore Drive is a studio with 0.0 baths and was built in 1950. The property's zip code is 49684 which is in Traverse City, MI