Address
2455 Five Mile Road, Traverse City, MI
Price
$ 1,950,000
Property Attributes
  • MLS#1913703
  • TypeCommercial
  • CountyGRAND TRAVERSE
  • CityTraverse City
  • AreaGrand Traverse
  • NeighborhoodEast Bay
  • Zip49686
  • StyleIncome
  • Price$ 1,950,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage27072
  • Lot Size19.4 Acres
Data Source:
Northern Great Lakes REALTORS® MLS (NGLRMLS)
Property Description

Unique opportunity to purchase Ridgeback Stables, a beautiful, expansive equestrian center on 19+ acres just minutes from the Traverse City Horse Shows grounds and a short drive to Downtown Traverse City. The property includes three separate barns offering a wide range of features. The main barn features high-end finishes and includes 22 12x12 matted stalls, a wash bay & grooming area, 2 tack rooms (with 26 lockers in total), a bathroom, a climate-controlled lounge area, and a large hayloft. The upper barn features 12 stalls with a mattress flooring system, 2 wash bays, a tack room, and 2 RV hookups on the outside. The upper barn also features a large 80 x 180 indoor riding area. The lower barn includes 3 stalls and a large turnout area. 37 stalls in total, with multiple turnout pastures on this property. Great opportunity to build on the existing business and really maximize the commercial potential of this prime location. Also a great property to build your dream home and keep your horses in one of the nicest facilities in Northern Michigan. Don’t pass on this one!

Price History
7/24/2023 Listed $2,599,000
9/13/2023 25% - $1,950,000

General Features

Roof Metal/Steel
Zoning Agricultural
Sewer Private Septic
Construction Frame

Interior Features

Basement Slab

Exterior Features

Exterior Features Wood

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 49686

Price
AVG $830K
$1.95M
Visits
AVG 63
205
Data Provided by Inside Real Estate®
Year Built
AVG 1983
2020
Walkscore
AVG 47
6
Data Provided by Walkscore® not using MLS data

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