$ 1,250,000
-
$1,250,000
Price -
3
Bed -
2
Bath -
3,055
SqFt
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About the Listing 61094 - NGL-T247395
Rare 1.19-Acre Development Opportunity in Traverse City’s Slabtown Neighborhood A truly unique opportunity in one of Traverse City’s most walkable and sought-after neighborhoods. This parcel offers a combination of size, location, zoning and existing is exceptionally difficult to find in the city. The property includes an approximately 3,000-square-foot home, fully fenced with both street and alley access, plus a workshop with additional storage above and a separate 44' x 32' pole building featuring a 12' overhead door and a substantial concrete pad. R-2 zoning allows for up to four dwelling units, providing several potential development configurations, including two duplexes or a single-family home with a triplex, subject to city approvals and site requirements. With Kids Creek running along the northern property line, this property offers a private & quiet setting while remaining in the heart of downtown Traverse City. The existing home and outbuildings provide flexibility for a variety of other development strategies. Buyers should independently verify zoning, permitted uses, setbacks, floodplain status, and all development requirements with the City of Traverse City. The property is being sold in "As Is" condition. Signatory Seller, acting as Personal Representative of The Estate of Nancy Lynne Kellum, has no historical knowledge of the condition of the property.
Listing Highlights
Interior Details
- Bedrooms: 3
- Bathrooms: 1 Full / 1 Half
- Appliances:
- Air Cond: Central A/C
- Heating: Natural Gas,Forced Air
- Fireplaces: Gas Fireplace,Wood Stove
- Floor:
- Above Ground Sq Ft: 3055
- Below Ground Sq Ft: 0
- Basement: Block,MI Basement,Stone
- Other: Cathedral/Vaulted Ceiling,Walk-In Closet
- Water: Public Water
Exterior Details
- Garage Capacity: 3 car
- Lot Dimensions: 108 x 234 x irreg
- Zoning: Residential
- Roof:
- Others: Patio,Porch
- Sewer: Community
- Parking Features: Attached Garage,Carport,Detached Garage,Gar Door Opener,Garage
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
125 S Cedar Traverse City, MI 49684
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