This is an incredible opportunity for a developer interested in constructing an 84 unit apartment or condo development in Traverse City - all of the preliminary work is DONE! This property and owner has ALL permits, building and site plans, engineering, and approvals in hand to begin work right away - it is truly shovel ready! The rental market continues to have immense needs in Traverse City, and this is a phenomenal opportunity to begin building on day one. With over 8 acres, lots of frontage on Garfield Road, access to shopping, the airport, Costco and others within a mile, and over 100 acres of conservancy property and Mitchell Creek Nature Sanctuary adjacent to this property, there are so many pluses. Inquire about development options, and get started on your legacy property!
Price $2,950,000
Heat:
Zoning: Planned Unit Development
Area: Grand Traverse
Water:
Construction: Frame
Sale or Rent: For Sale
Approx.Sq Ft.: 0
Lot Size: irregular
Sewer: Municipal
Units: 84
Acres: 8.04
Features: Other Countryside View,Other Water Features: None