Land•Multifamily•For Sale

Rennie School RD

Rennie School Rd, Traverse City, Michigan 49685

Sale Price $450,000
Sale Type Owner User
Zoning CM - Commercial/Manufacturing District
Land Area 28.49 Acres
Land Use multi-family
This large vacant parcel is located north of the Chum's Corner intersection of US-31 and M-37 and south of the City of Traverse City in this growing area of Northwest Michigan. The properties zoning includes a myriad of uses which includes Multi-Family and Single Family Residential. The public water and sewer have already been installed to the boundary of the property and a new access road connecting Chum's Village to Rennie School Road on the subject properties eastern boarder is being constructed in 2019. This property is owned by the Grand Traverse County Land Bank Authority and the property may be eligible for a variety of development incentives including but not limited too Brownfield Incentives and Tax Increment Financing. This vacant parcel is conveniently located on Rennie School Rd, just west of US-31/M-37 between Chum's Corner and Traverse City.
  • Purchase Includes 156 Sewer Benefits ($546,000 value)
  • Minutes From Downtown Traverse City
  • Growing Area
  • Close to jobs, schools, shopping and recreation
  • New stoplight at Rennie School Rd and US-31 provides for safe/easy access
11/14/2019 4:09:30 PM 11/14/2019 4:09:30 PM
Kevin Endres, PE
Owner | Broker
Three West


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