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Waterfront! Incredible opportunity for a commercially zoned waterfront development site within walking distance to downtown Traverse City and brand new tennis/pickleball courts and shuffleboard at the public Senior Center beach. 132' on West Grand Traverse Bay offers unparalleled sweeping views of Old Mission, Leelanau, Power Island, Maritime Academy and downtown. HR zoning allows for hotel, restaurant, bar, condominiums and short term rentals. Deep lot totaling 1.41 acres makes this an ideal redevelopment opportunity. No value in existing structures.

Basic Information

MLS ID: 1930456
City: Traverse City
State: MI
ZIP: 49686
Area: Grand Traverse
Acres: 1.41
Square Feet: 0

Additional Information

• Basement: Location:
• Business Included: Recreation
• Lot:
• Business Name: Terrace Beach Motel
• Property Status: Active
• Construction: Other
• Documents: None
• Zoning: Multi-Family,Commercial,Motel/Hotel
• Possession: Close Of Escrow,Negotiable
• Dimensions: 132x460'
• For Sale Or Lease: Commercial Sale
• Directions: On water side of East Front Street across from Bay Area Pet Hospital and adjacent to Bay Shore Resort.
• Road Frontage:
• Days On Market: 3
• Roofing: Other
• Days On MLS: 3
• Township: Traverse City
• Financing:
• Water: Public
• Floor Type:
• Licenses: None
• Heating: Natural Gas
• Year Built: 1957
• Cooling:

Listing courtesy of Coldwell Banker Schmidt Traverse City, 402 E Front Street Traverse City, MI 49686