Address
520 & 530 Wellington Street Traverse City, MI
Price
$ 1,350,000
Property Attributes
  • MLS#1850056
  • TypeLot-Land
  • CountyGRAND TRAVERSE
  • CityTraverse City
  • AreaGrand Traverse
  • NeighborhoodTraverse City
  • Zip49686
  • StyleVacant Lot/Land
  • Price$ 1,350,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1.23 Acres
Listing Provided Courtesy Of:
Coldwell Banker Schmidt-522
Property Description

A rare opportunity to own over 1.2 acres of development property in the city limits with 246' of frontage on the Boardman River. Now is the time to be part of the Eighth Street revitalization. There are 2 nice warehouse buildings on the property that could be used until the property is developed, but the value is in the land. Zoned D-2, development district that allows for a wide variety of uses including residential, condos, apartments, office, retail, restaurant, manufacturing, parking structures, theaters and more. 2 tax parcels included in the sale.

Price History
7/18/2018 Listed $1,400,000
2/18/2020 4% - $1,350,000

General Features

School District Traverse City Area Public Schools
Zoning Multi-Family, Commercial, Industrial, Manufacture/Warehouse, Office, Platted Subdivision, Storage Buildings

Exterior Features

Latitude 44.7583531836621
Longitude -85.6138544490738
Body of Water Boardman River
Water Features River
Waterfront 246

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 49686

Price
AVG $660K
$1.35M
Visits
AVG 13
17
Walkscore
AVG 21
71
Data Provided by Walkscore ® not using MLS data

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