1024 - 1040 E Front Street

Traverse City, MI, 49686

$1,950,000

$590 per ft²
$1,950,000
$590 per ft²
Active
Active
 - For Sale
carpenters-square
3,305 ft²
property_type
Commercial
calendar
Built 1981
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!
MLS® ID:
1893623
Listed:
9/30/21
Updated:
3/29/23

Exterior/Building Features

Lot Size
0.76 acres lot
Exterior Features
Vinyl, Brick
Roof
Asphalt
Sewer
Municipal

Other Property Details

Area Name
Grand Traverse
Garage
Yes
Parking
Parking Lot
View
N
County
Grand Traverse
Water Source
Municipal Water
Pool
No
Zoning
Residential,Multi-Family,Office,Commercial,Restaurant/Food,Motel/Hotel,Forest/Recreational

Property History

Date
Event
Price
Value
5/12/22
Active
-
-
6/7/22
Active Under Contract
-
-
2/21/23
Price Change
$1,950,000
102%
2/21/23
Active
-
-
3/1/23
Active
-
-

 

Courtesy of EXIT Realty Paramount -  

The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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