Sold

109 E Front Street Unit: 305

Traverse City MI, 49684

$718,200


$427.50 per sqft

Sold

3 Beds

2 Baths

1,680 sqft

Residential

Built in 1883

The historic Hannah Lay Building, built in 1883, will showcase this premier downtown, luxury condominium. Perched on the north side of the building, this loft overlooks the marina and has unobstructed views of West Grand Traverse Bay. This Penthouse Loft is built to your specifications, with the potential for a 3-bedroom, 2.5-bathroom open concept condominium. The main floor contains 1,015 square feet, with a 665 square foot open loft area, for a total space containing 1,680 square feet. This condo features a large bayside room with ceiling heights up to 18' 6". The 10-foot tall windows and door provide the gateway onto your balcony, overlooking the Farmers Market, the Bijou Theater, and the Bay. This penthouse, listed at $1260,000, is purchased in an unfinished shell condition (at $450/sq. ft., equaling $756,000) which makes the unit your blank canvas. You and the builder will fully customize the buildout of your condo to make your dream home a reality. The buildout budget included in the listing price is $300/sq. ft. ($504,000), which can be adjusted to the new owner's specific wants and needs. Residents will have the option to purchase up to two underground parking spaces. This building has two elevator banks located conveniently at each end of the building. With only 3 lofts remaining, this historical project is like no other. Make downtown Traverse City your home.

1898728

MLS ID

April 20, 2022

Listed

February 16, 2024

Updated

Map

109 E Front Street Unit: 305
Traverse City MI, 49684

Interior Features

Bedrooms

3 Beds


Bathrooms

2 Baths


Interior Features

Cathedral Ceilings, Foyer Entrance, Walk-In Closet(s), Pantry, Loft, Granite Bath Tops, Granite Kitchen Tops, Solid Surface Counters, Island Kitchen, Great Room, Den/Study, Intercom, Beamed Ceilings, Vaulted Ceilings


Appliances

Natural Gas Water Heater, Smoke Alarms(s)


Floor Description

Brick


Fireplace

Yes


Fireplace Description

Other


Cooling

No


Heating

Yes


Heating Description

Forced Air, Central Air, Natural Gas

Exterior/Building Features

Exterior Features

Bay View, Balcony, Sidewalk


Lot Features

Other


Architectual Style

Other


Roof

Membrane


Sewer

Municipal

School Information

School District

2.5

Other Property Details

Area Name

Grand Traverse


Days on Market

434


Association Fee Frequency

Monthly


Association Amenities

Water, Sewer, Trash Removal, Exterior Maintenance


Garage

Yes


Garage Spaces

2


Parking

Attached, Drive Under/Built-In, Door Opener, Alley Entrance, Heated


Parking Total

12


View

No


County

Grand Traverse


Municipality

Traverse City


Water Source

Municipal


Pool

No


Waterfront

Yes


Zoning

Residential,Commercial


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

7/6/2023

Price Change

$718,200

-43%

7/6/2023

Sold

$718,200

6/27/2023

Pending

6/21/2023

Under Contract

4/14/2023

Active

Listed by with REO-TCRandolph-233022
Listing Contact: 231-946-4040 

The IDX display contains information sourced from the Northern Great Lakes REALTORS® MLS as of 2/16/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024 Northern Great Lakes REALTORS® MLS all rights reserved.

Data last updated on 2/16/2024 at 2:21 AM UTC

 

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