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1024 - 1040 E Front Street

Traverse City, MI 49686
  • $1,950,000
  • STATUS: Active
  • ON SITE: 385 Days
  • MLS #: 1897391
UPDATED: 58 min ago
$1,950,000
  • 0
    BEDS
  • 0.76
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
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. © 2023 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2023-03-29T07:52:00.613.
www.housestraversecity.com/homes/126500583
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1024 - 1040 E Front Street Traverse City, MI 49686

  • Price: $1,950,000
  • Status: Active
  • On Site: 385 Days
  • Updated: 58 min ago
  • MLS #: 1897391
0
Beds
0
Baths
0
½ Baths
0.76
Acres
Neighborhood:
City Of Tc
County:
Grand Traverse
Area:
Grand Traverse
School District:
Traverse City Area Public Schools
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

Exterior Features Development PropertyOtherSidewalks Land Features ClearedLevelOther Lot Dimensions 200' X 165' Percent Open 100 Percent Wet Acres 0 Percent Wooded 0 Road BlacktopPublic Maintained Water Features None

Property Features

Commercial YN Yes Deeded Waterfront No Development Amenities None Documents On File None Listing Agreement Type Exclusive Right To Sell Lot Number Multi Manufactured Allowed Unknown Mineral Rights Unknown Possession Other Sale Rent For Sale Section Number 2 Terms 1031 ExchangeCashConventional Township Traverse City Type Of Ownership Private Owner Utilities Available ElectricNatural Gas Waste Available Municipal Waste Installed Municipal Water Available Municipal Water Water Installed Municipal Zoning Use Restrictions ResidentialMulti-FamilyCommercialOther

Listing information © 2023 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. © 2023 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2023-03-29T07:52:00.613.
 
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Team Dakoske | RE/MAX Bayshore
500 S. Union
Traverse City MI, 49684