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About This Home

This 0-bedroom, 0-bathroom commercial at 305 S US-31 in Traverse City, MI is listed for $749,000 ($195 per sqft). Built in 1964, the home offers 3,840 sqft of living space on a 1.15 acres lot.

Agent Description

High-visibility corner lot on US-31, at the intersection of US-31S and Foster Dr. now available for sale. Blair Township's CM zoning allows a large variety of commercial uses, and the high traffic count (over 25,000 cars/day) and corner lot ensure maximum exposure for your business.

The current buildings will be available at closing and include a 1,440-sqft retail/office building and a 2,400-sqft pole building. Whether using the existing buildings or redeveloping with a new vision, this well-positioned property is worth a look!

Key Features

  • Built in 1964
  • 1.15 acre lot

Property Details

1964

Amenities

Basement

Monthly Cost Estimate

$4,006/mo

20% down · 6.5% · 30 years

Principal$542
Interest$3,246
Insurance$218

Estimates only. Actual payments may vary.

Location

305 S US-31

Traverse City, MI 49685

Property Details

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 305 S US-31 is listed at $749,000 ($195/sqft). The estimated monthly payment is $3,246 based on 20% down at 6.5% interest.

Key features include: Built in 1964, 1.15 acre lot.

This property is listed by Marty Stevenson and can be reached at 2313428072 or marty@tcexit.com.

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MS

Marty Stevenson

Agent at EXIT Northern Shores-TC

(231) 342-8072

Listed by EXIT Northern Shores-TC · View on Broker Site

MLS# 1937517· Source: listhub· Updated 241 days ago

Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

305 S US-31, Traverse City, MI 49685

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