$3,800,000Active

2960 Arbutus Hill Road, Traverse City, MI 49696

MLS# 26017794

  • 22Baths
  • 1955Year Built
  • 36.5Acres
  • BusinessType

About this property

Location, easy-access, high visibility, and income potential all come together in this unique Northern Michigan property. Located 8 miles south of Cherry Capital Airport, this property offers 36 acres + with 18 furnished rentals including 1, 2, and 3-BR units - in addition to a four-bedroom main residence on-site with attached apartment. This is an exceptional opportunity for investors, short-term rental buyers, or developers looking for prime real estate in one of Michigan's most popular year-round tourist destinations - Traverse City. The existing units provide the foundation for a resort, vacation rental community, corporate retreat, extended-stay property, special event venue, or other income-producing ventures. With direct frontage right on Garfield Rd, this property offers offers high-visibility and easy-access for commercial uses - such as retail or office space - or businesses providing services to travelers - including restaurants, motels, convenience stores, etc. (subject to local zoning and use permits). Guests can enjoy the award-winning restaurants, wineries, and festivals right in Traverse City - which has become known worldwide as a highly-desired tourist destination - then retreat after their busy day of sight-seeing to their private comfortably furnished unit in a peaceful country setting. This property is conveniently located near the Brown Bridge Quiet Area and Trailhead, the Arbutus Chain-of-Lakes, and parks, which offer year-round recreational opportunities - including hiking, fishing, canoeing, snowmobiling, birdwatching, and more. • The Flintfields Horseshows - Williamsburg, MI - 16 Miles • Interlochen Arts Academy - 21 Miles • Sleeping Bear Dunes - 48 Miles • Marina in the heart of downtown Traverse City - 12 Miles • Turtle Creek Baseball Stadium - 13 Miles • Turtle Creek Casino - Williamsburg, MI - 16 Miles • Mackinac Bridge - 124 Miles

Property details

MLS #
26017794
Status
Active
Property type
Commercial Sale
Sub type
Business
County
Grand Traverse
Township
East Bay Twp
Year built
1955
Lot size
36.5 ac
Waterfront
No

Interior

Heating
Forced Air

Exterior

Roof
Metal

Lot and water

Lot size
1,589,940 sq ft
Zoning
COMM - RES

Utilities

Sewer
Septic Tank
Water source
Well, Private
Utilities
Electricity Connected, Propane, Phone Connected, Electricity Available

Taxes

Annual taxes
0
Tax year
2025

Schools

School district
Traverse City

More

New construction
No
Directions
From the Cherry Capital Airport in Traverse City, Michigan - head west on South Airport Road to Garfield Road then head south on Garfield to property at the corner of Garfield Road and Arbutus Hill Road.

Location

Traverse City Realty · Brenda S Irish-Heintzelman · 231-929-4737

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