1150 E Hammond Road presents an opportunity to acquire an approved senior housing development site in Traverse City, Michigan. The 8.28-acre property is positioned along E. Hammond Road, a primary east-west corridor serving the city's residential neighborhoods, commercial services, and healthcare destinations. The location provides convenient access to major transportation routes throughout the Traverse City region while maintaining proximity to everyday amenities that support senior living communities.
The offering includes completed and approved engineering and architectural plans for a proposed 120+ unit, two-story senior development, reducing entitlement timelines and allowing a future owner to focus on project execution. As demand for age-restricted and senior-oriented housing continues to be a significant consideration in many Midwest markets, the property's approved development status provides a pathway for investors and developers seeking to advance a residential project without undertaking the full planning process from inception.
The site's dimensions, approximately 560 feet by 644 feet, provide flexibility for site design, circulation, parking, and amenity integration consistent with the approved plans. Situated just east of Three Mile Road on the south side of Hammond Road, the property benefits from established surrounding development and accessibility to retail, medical, and community services throughout Traverse City.
With approvals already in place and a strategic location within one of northern Michigan's most recognized regional centers, the property offers a development-ready opportunity for residential and senior housing investors seeking a project with advanced planning completed.