Address
1054-1060 E Front Street, Traverse City, MI
Price
$ 2,850,000
Property Attributes
  • MLS#1904210
  • TypeLot-Land
  • CountyGRAND TRAVERSE
  • CityTraverse City
  • AreaGrand Traverse
  • NeighborhoodTraverse City
  • Zip49686
  • StyleVacant Lot/Land
  • Price$ 2,850,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1.24 Acres
Data Source:
Northern Great Lakes REALTORS® MLS (NGLRMLS)
Property Description

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.

Price History
8/25/2022 Listed $3,450,000
5/9/2023 9% - $3,150,000
2/6/2024 10% - $2,850,000

General Features

Zoning Multi-Family,Commercial,Office,Subj to Tenant's Rights
School District Traverse City Area Public Schools

Exterior Features

Water Features None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Lot-Land Average in 49686

Price
AVG $710K
$2.85M
Visits
AVG 129
230
Data Provided by Inside Real Estate®
Walkscore
AVG 25
71
Data Provided by Walkscore® not using MLS data

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