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Jenn Smart

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981 W Blue Star , Traverse City, MI 49685
$650,000
Est. Payment: $3,387.24/mo
0 Bed
0 Bath
1350 Sqft
Status: active | Days on site: 7
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House 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.

Highlights

Listed by Daniel Stiebel , Coldwell Banker Schmidt Traverse City , 231-922-2350. MiRealSource, Inc. mls logo

Property Type

Commercial Sale

Lot/Acreage
1.55

Year Built

2001

County

Grand Traverse

Area

Garfield Twp (28005)

Neighborhood

Blue Star Estates

Listing ID

80069677

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Central A/C
Fireplaces:
Above Ground Sq Ft:1350
Water:Private Well

Exterior Features

Lot Dimensions:irregular
Zoning:Professional Office,Commercial,Industrial
Roof:Metal
Sewer:Public Sanitary
Parking Features:Parking Lot
Principal Interest
$3,387
Taxes
$414

Home Price

$650,000

Loan Details

30 yrs
6.792%

Down Payment

20%
$130,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,387.24

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,387.24 $414.38 $0.00 $3,801.62
Yearly $40,646.88 $4,972.50 $0.00 $45,619.38
Total $1,219,406.55 $149,175.00 $0.00 $1,368,581.55
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So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Traverse City, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

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Data last updated: 2026-09-02T04:57:55.100Z

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