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1024 - 1040 E Front Street

Traverse City, MI 49686
  • $1,900,000
  • STATUS: Active
  • ON SITE: 14 Days
  • MLS #: 1893623
Price Reduced
UPDATED: 139 min ago
$1,900,000
  • 0
    BEDS
  • 0.76
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,305
    SQFT
  • $575
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1981
County:

School Ratings & Info

Description

Amazing redevelopment opportunity on E. Front Street in Traverse City! Join the recent commercial and residential redevelopments in this busy corridor, home to hotels, short-term rentals, shopping centers, quick-serve restaurants, offices, and more. This listing features 200 of frontage on 0.76 acres (across 4 parcels), and sits right in the heart of Traverse City, with Grand Traverse Bay just two blocks to the north, downtown just a few blocks to the west, and NMC a few blocks to the east. Current zoning is Hotel-Resort, which allows multiple commercial uses in addition to short-term rentals (other zoning exists in the immediate area). Two buildings currently occupy the property, one being used as an office and the other as a short-term rental. (Please do not disturb building occupants.) A rare opportunity to redevelop on Front Street!

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The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2021 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2021-10-15T23:51:55.84.
www.boermarealty.com/homes/122015666
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1024 - 1040 E Front Street Traverse City, MI 49686

  • Price: $1,900,000
  • Status: Active
  • Updated: 139 min ago
  • MLS #: 1893623
0
Beds
0
Baths
0
½ Baths
0.76
Acres
3,305
SQFT
$575
$/SQFT
1981
Built
Neighborhood:
City Of Tc
County:
Grand Traverse
Area:
Grand Traverse
Property Description
Amazing redevelopment opportunity on E. Front Street in Traverse City! Join the recent commercial and residential redevelopments in this busy corridor, home to hotels, short-term rentals, shopping centers, quick-serve restaurants, offices, and more. This listing features 200 of frontage on 0.76 acres (across 4 parcels), and sits right in the heart of Traverse City, with Grand Traverse Bay just two blocks to the north, downtown just a few blocks to the west, and NMC a few blocks to the east. Current zoning is Hotel-Resort, which allows multiple commercial uses in addition to short-term rentals (other zoning exists in the immediate area). Two buildings currently occupy the property, one being used as an office and the other as a short-term rental. (Please do not disturb building occupants.) A rare opportunity to redevelop on Front Street!
Exterior Features

Construction BlockFrame Exterior Features BrickVinyl Foundation Crawl SpaceSlab Lot Dimensions 200' X 165' Parking Parking Lot Road BlacktopPublic Maintained Roof Asphalt

Interior Features

Heating Cooling Type Central AirForced Air

Property Features

Business Incl No Business Name N/A Deeded Waterfront No Documents On File Legal DescriptionOther Eco Features No Energy Efficient Not Applicable Extras None Heating Cooling Source Natural Gas Included In Lease None Inventory Incl No Licenses None Listing Agreement Type Exclusive Right To Sell Location Freestanding Lot Number Multi Possession Other Present Use Office BuildingOtherRecreational/Resort Real Estate Incl Yes Renewable Not Applicable Sale Or Lease For Sale Sale Rent For Sale Section Number 2 Sewer Municipal Terms 1031 ExchangeCashCommercial Loan Township Traverse City Type Hospitality Type Of Ownership Private Owner Univs Design Barrier Free Hand RailsNo Steps Entry Vacant Land No Water Municipal Water Water Conservation Not Applicable Zoning CommercialForest/RecreationalMotel/HotelMulti-FamilyOfficeResidentialRestaurant/Food

Listing information © 2021 Northern Great Lakes REALTORS© MLS.
Listing provided courtesy of Exit Realty Paramount: 231-946-4404.



The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2021 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2021-10-15T23:51:55.84.
 
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Boerma Realty, LLC
2008 S Mission St.
Mt. Pleasant MI, 48858