For Sale
TBD Mitten Drive, Traverse City, MI 49686
$1,150,000
MLS # 1927541 (Northern Great Lakes REALTORS® MLS)
Built 01.74 acres
1 / 12
Listing Description
Here is your exclusive opportunity to develop the property located at the entrance to the Cherry Capital Airport and Costco. Cherry Capital Airport has had a record year totaling more than 700,000 passengers and expected to undergo a $120 Million terminal expansion with a second concourse and 5 new gates in 2026. Excavating has been started on the land and the new zoning allows for a multitude of options to utilize this prime corner real estate including Gas Stations, Drive-Thru's, office and retail. The property has ingress/egress from both South Airport Road and Townline Road and excellent exposure with roughly 16,000 AADT count.
Source: SparkMLS
About this home
Currently offered at $1,150,000.
Electric service is provided by Cherryland Electric Cooperative; natural gas by DTE Gas Company.
Listing Property Details
Property TypeCommercial Sale
Bathrooms0
Lot Size1.74 acres
Year Built0
Location
CityTraverse City
Zip Code49686
CountyGrand Traverse County
Construction & Systems
WaterNone
Sale & Financing
Listed9/24/2024
Original Price$1,000,000
Source: SparkMLS
Tax Information
Source: SparkMLS
Legal Description
Lengthy see documents.
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 Kevin L Endres
Three West, LLC
Frequently Asked Questions about TBD Mitten Drive, Traverse City, MI 49686
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, TBD Mitten Drive, Traverse City, MI 49686 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 TBD Mitten Drive, Traverse City, MI 49686 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 TBD Mitten Drive, Traverse City, MI 49686?
Per Michigan Public Service Commission service territory data: Electric: Cherryland Electric Cooperative. Gas: DTE Gas Company. Water: None. 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$7,459
Principal & interest$7,459
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
TBD Mitten Drive, Traverse City, MI 49686
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