Description

Traverse City - MLS# 1946109
Rare opportunity to acquire a 4.5-acre industrial-zoned property at 1500 Barlow Street, ideally positioned between Barlow Street and Woodmere Avenue with excellent ingress/egress and dual access. Zoned General Mixed-Use Industrial (I-G) with additional Light Industrial (I-L) flexibility, the property allows for a wide range of uses including warehouse/distribution, contractor yards, light manufacturing, and service operations—many permitted by right, reducing entitlement timelines and development risk. The site is improved with approximately 54,000 square feet across eight buildings, offering a mix of warehouse, industrial, and office space. While a portion of the buildings are currently leased, the property is best suited for owner-users, contractors, or developers seeking a flexible site with immediate usability and long-term upside. The combination of site size, zoning flexibility, and access supports a variety of use scenarios including yard space, multi-tenant occupancy, or future redevelopment. This is not a traditional stabilized investment offering—the value is in the land, location, and flexibility of use, with existing improvements providing interim utility and income potential. Properties of this size and flexibility rarely become available within this submarket.