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4230 E M-72 Hwy
Williamsburg, MI 49690

Land For Sale · 4.90 AC

Executive Summary

Outstanding investment opportunity! This shovel-ready building site is ready for new mixed-use construction. Situated in a fantastic location on a busy thoroughfare, this 4.35-acre parcel is currently zoned for multi-story/mixed use and short term rentals, and has an approved PD to accommodate a building footprint of 32,300 sq ft with a 45-foot height requirement, allowing for retail space on floor 1 for up to 19 units, and 2 floors of residential condominium units. All site infrastructure is fully developed, including underground sewer, water, electric, cable, and storm water management - imagine the possibilities! Included is a 12,000 sq ft mixed-use building known to locals as the former Williamsburg Dinner Theatre. Located just a 1/4 mile from the east arm of Grand Traverse Bay and the newly renovated public Bayside Park. Directly adjacent to Acme Meijer, 3.5 miles from Turtle Creek Casino, and less than 1.5 miles from the Grand Traverse Resort & Spa and its renowned golf courses "The Bear", "The Wolverine", and "Spruce Run". For those seeking adventure, this property also features direct access to the TART Trail and the newly constructed bridge over cascading Acme Creek, connecting the adjoining KOTI property- Traverse City's newest luxury vacation rental experience.

PROPERTY FACTS

Sale Type Investment
Sale Conditions Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 4.90 AC

1 Lot Available

Lot

Price $2,702,047 CAD
Price Per AC $551,438 CAD
Lot Size 4.90 AC

Previously developed lot

zoning

Zoning Code Commercial (Commercial Zoned District)
Commercial (Commercial Zoned District)
  • Listing ID: 31544060

  • Date on Market: 2024-04-18

  • Last Updated:

  • Address: 4230 E M-72 Hwy, Williamsburg, MI 49690

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