Traverse City, MI 49696-5928,55 S Hope Ridge
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Traverse City, MI 49696-5928,55 S Hope Ridge
Traverse City, MI 49696-5928,55 S Hope Ridge
Traverse City, MI 49696-5928,55 S Hope Ridge
Traverse City, MI 49696-5928,55 S Hope Ridge
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Listed by Matthew J Dakoske • REMAX Bayshore - Union St TC
$ 3,500,000
Est. payment /mo
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55 S Hope Ridge Traverse City, MI 49696-5928

16,208 SqFt


UPDATED:

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


Jennifer Rodgers

Jennifer Rodgers

Broker | License ID: 6505414638

+1(517) 398-2541

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55 S Hope Ridge