Active

1054-1060 E Front Street

Traverse City MI, 49686

$2,850,000


$52.76 per sqft

Active

54,014 sqft

Residential

In Commercial Real Estate, it's all about location, location, location. There are only a few true marquee corners in a real estate market, and this is one of them. This 1.2 Acre property is located at the SW corner of E Front Street (US-31) and Garfield Road intersection. These two roads are both main feeder's that converge and funnel approx. 50,000 cars per day into Traverse City from the East and the South. Zoned C-3 Community Center District, this property has a multitude of allowable uses with a max building height of 45' and an 80% Impervious Surface maximum. Just a few minute walk or quick bike ride to West Grand Traverse Bay or Downtown Traverse City.

1904210

MLS ID

August 25, 2022

Listed

February 16, 2024

Updated

Map

1054-1060 E Front Street
Traverse City MI, 49686

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

1.24 Acres


Exterior Features

Development Property


Lot Features

Corner Lot

School Information

School District

2.5

Other Property Details

Area Name

Grand Traverse


Days on Market

534


Garage

No


View

No


County

Grand Traverse


Municipality

Traverse City


Water Source

Municipal Water


Pool

No


Zoning

Multi-Family,Commercial,Office,Subj to Tenant's Rights


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

2/7/2024

Price Change

$2,850,000

-10%

2/6/2024

Price Change

$2,850,000

-10%

Listed by with Three West, LLC
Listing Contact:  

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 2:20 AM UTC

 

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