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$ 3,800,000
Est. payment /mo
Active
2960 Arbutus Hill RD East Bay Twp, MI 49696
22 Baths
36.5 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type BusinessandRealEstate
Listing Status Active
Purchase Type For Sale
MLS Listing ID 65026017794
Year Built 1955
Lot Size 36.500 Acres
Acres 36.5
Property Sub-Type BusinessandRealEstate
Property Description
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
Location
State MI
Area Area28051Eastbaytwp
Interior
Heating Forced Air, Propane, Wood
Fireplace No
Exterior
Utilities Available ElectricityConnected, PhoneConnected, Propane
View Y/N No
Roof Type Metal
Building
Sewer Septic Tank
Water Private, Well
New Construction No
Schools
School District Traverse City
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
©2026 Realcomp II Ltd. Shareholders
Listed by Brenda S Irish-Heintzelman of Traverse City Realty
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