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520 Railroad Ave - 2 Lots

1.46 Acres of Commercial Land Offered at $2,232,437 CAD in Traverse City, MI 49686

Investment Highlights

  • Pad Ready Development Parcel
  • Close to Shopping, Transportation, Recreation and Restaurants

Executive Summary

This 1.46 Acre development parcel sits in the center of Traverse City with multi-modal opportunities with easy motorized access east-west along E Eighth Street and north south along Woodmere Ave. and non-motorized access to the TART Trail and the newly
constructed Boardman Lake Loop. There is also a BATA Bus Stop on Woodmere Avenue for a public transportation option. The site is ready to be built and would make a wonderful multi-family infill development that is close to shopping, transportation, recreation and restaurants.

Property Facts

Price $2,232,437 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 1.46 AC

1 Lot Available

Lot

Price $2,232,437 CAD
Price Per AC $1,529,066 CAD
Lot Size 1.46 AC

Includes two parcels. 520 Railroad Ave - Southwest corner of the intersection of Station St and Railroad Ave. 648 Railroad Place - Southwest corner of Railroad Ave and Railroad Place.

Walk Score ®
Very Walkable (76)
Bike Score ®
Very Bikeable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 51-634-033-13
  • 51-634-033-04
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$942,151 CAD

zoning

Zoning Code C-1 (Commercial)
C-1 (Commercial)
  • Listing ID: 32693924

  • Date on Market: 2024-08-05

  • Last Updated:

  • Address: 520 Railroad Ave, Traverse City, MI 49686

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