For Sale
981 W Blue Star Drive, Traverse City, MI 49685
$650,000
MLS # 1946584 (Northern Great Lakes REALTORS® MLS)
Built 20011.55 acres
1 / 34
Listing Description
Rare opportunity to own a large outdoor sales lot in one of Traverse City's most visible commercial corridors. Situated on US-31 between the Grand Traverse Mall and Chums Corners, this 1.55-acre property offers excellent signage and exposure to high traffic counts. The site includes a 1,350 SF office and shop building, with the shop area featuring drive-thru garage doors and an oil and water separator in the floor drain; ideal for automotive, equipment, or service-related uses. Comprised of two parcels, the property offers flexible zoning: the US-31 frontage lot is zoned CG (Commercial), while the eastern lot is zoned IG (Industrial), opening the door to a wide variety of permitted uses. Outdoor sales lots of this size with this kind of visibility are hard to find. Does not include business.
Source: SparkMLS
About this home
Asking $650,000.
Electric service is provided by Cherryland Electric Cooperative; natural gas by DTE Gas Company.
Listing Property Details
Property TypeCommercial Sale
Bathrooms0
Lot Size1.55 acres
Year Built2001
Location
CityTraverse City
Zip Code49685
CountyGrand Traverse County
Construction & Systems
HeatingForced Air
WaterPrivate Water
SewerPublic
Sale & Financing
Listed6/14/2026
Source: SparkMLS
Tax Information
Source: SparkMLS
Legal Description
partial from tax record: N 68' OF LOT 18 AND LOT 19 & 32 BLUE STAR ESTATES. SPLIT/COMBINED ON 03/05/2014 FROM 05-060-019
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Daniel J Stiebel
Coldwell Banker Schmidt Traverse City
Frequently Asked Questions about 981 W Blue Star Drive, Traverse City, MI 49685
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 981 W Blue Star Drive, Traverse City, MI 49685 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 981 W Blue Star Drive, Traverse City, MI 49685 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 981 W Blue Star Drive, Traverse City, MI 49685?
Per Michigan Public Service Commission service territory data: Electric: Cherryland Electric Cooperative. Gas: DTE Gas Company. Sewer: Public. Water: Private Water. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the local police department or county sheriff's office.
Map
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Monthly payment$4,216
Principal & interest$4,216
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Cherryland Electric Cooperative
Co-op
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
981 W Blue Star Drive, Traverse City, MI 49685
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