1764-1818 US-31 N

Estimated Monthly Payment: $9,120/mo 1764-1818 US-31 N, Traverse City, MI 49686 MLS# 1869554 Hospitality Listing Status: Active
6,043 sqft
324
246
0
14

REMARKS:

Attention restaurateurs & hotel developers! Prime, high-visibility, commercial property located on Traverse City's thriving east side. 300' of highly trafficked frontage now available consisting of two parcels of record. Parcel one includes the former Ruby Tuesday restaurant with 1.4 acres and ample parking featuring: approx 220 seats; waiting area; salad bar; 2 large walk-ins; dishwasher; private office; banquet dining area; and outdoor seating on deck. Parcel two currently houses The Swan's Nest novelty store and sits on 0.8 acres. The two parcels combined with flexible zoning will afford a multitude of possibilities for the smart investor. Located across the street from East Grand Traverse Bay and minutes to Grand Traverse Resort, public beaches, downtown Traverse City, and all local attractions.

OVERVIEW:

Hospitality
Active
East Bay
Brick, Frame, Steel
Slab
1982
6043
Metal/Steel
Central Air, Forced Air
Mutiple Units, Natural Gas
Municipal Water
Municipal
2.20
300x330
Phone System, Security System

FEATURES:

Aluminum, Brick, Steel

FINANCIAL:

$2,000,000

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of Coldwell Banker Schmidt-402 - 231-922-2350 

The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright © 2020 Northern Great Lakes REALTORS® MLS . All Rights Reserved.