55 S Hope Ridge new Save Request In-Person Tour Request Virtual Tour
Traverse City,MI 49696-5928
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 16,208 sqft
Price per Sqft $215
Subdivision Mi
MLS Listing ID 1939802
Year Built 1989
Lot Size 40.760 Acres
Acres 40.76
Lot Dimensions IRREGULAR SEE DOCUMENTS
Property Sub-Type Mixed Use
Property Description
Just 8 minutes from downtown Traverse City, this exceptional 40-acre property offers endless potential. With 8 homes totaling over 16,000 square feet and 4 large barns, it's ideal for a variety of ventures—think destination wedding venue, retreat center, boutique resort, private school, or family compound. Capacity to hold over 60 guests! The blend of open fields, wooded privacy, and close proximity to town creates a one-of-a-kind setting for residential, commercial, or creative redevelopment opportunities.
Location
State MI
County Grand Traverse
Zoning Residential,Other,Special Use
Rooms
Basement Walkout,Crawl Space,Slab,Piers,Full Finished,Finished Rooms,Egress Windows
Interior
Heating Forced Air
Cooling Forced Air
Exterior
Exterior Feature Vinyl,Brick
Roof Type Asphalt
Present Use Educational,Service,Other
Road Frontage Private Owned,Privately Maintained,Cul-de-Sac,Blacktop
Total Parking Spaces 30
Building
Sewer Private Septic,Shared Septic
Water Private Well,Shared Well
Others
Tax ID 0200200420
Ownership Private Owner
Acceptable Financing Conventional Mortgage,Commercial Loan,Cash,1031 Exchange,Other
Listing Terms Conventional Mortgage,Commercial Loan,Cash,1031 Exchange,Other