111 E Front Street Traverse City, MI ^$ 1,995,000

111 E Front Street

^$ 1,995,000

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111 E Front Street

Traverse City, MI, 49684

^$ 1,995,000

Studio Baths0.0 Sq 5,444

Monthly Estimate*

^$ 13,259

111 E Front Street, Traverse City, MI 49684 - Image 1

111 E Front Street, Traverse City, MI 49684 - Image 2

111 E Front Street, Traverse City, MI 49684 - Image 3

111 E Front Street, Traverse City, MI 49684 - Image 4

111 E Front Street, Traverse City, MI 49684 - Image 5

111 E Front Street, Traverse City, MI 49684 - Image 6

111 E Front Street, Traverse City, MI 49684 - Image 7

111 E Front Street, Traverse City, MI 49684 - Image 8

111 E Front Street, Traverse City, MI 49684 - Image 9

111 E Front Street, Traverse City, MI 49684 - Image 10

Studio

Commercial Property for sale in Traverse City, MI

for $1,995,000. This 5,444 square foot building was built in 1951 on a lot size of 0.14.

Income property in downtown Traverse City. Over 5,400 space SF of retail space, ideally located on E. Front Street in the heart of downtown. Metered parking to the North and South of property, and walking distance to Open Space and Clinch Park Marina. Great development opportunities with the ability to build up (potential views North of West Grand Traverse Bay.) There is also over 5,000 sf of lower level space ready to finish. Agent is a licensed Michigan Real Estate Agent

Commercial Active

Price

^$ 1,995,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Commercial/Industrial

Lot Size

0.14

Year Built

1951

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

80007238

Features

General

Heating Forced Air

Possession At Close

Water Public Water

Status Active Active

Year Built 1951

Parking Parking Lot

Subdivision 111 Front LLC MI

County Grand Traverse

Class COM/IND/BUS OPP

Type Commercial/Industrial

Business Name N/A

Percent Ownership Private

Municipality Traverse City

Section 3

Zoning Commercial Other

Commercial Features ADA Accessible

Area Traverse City (28021)

Primary City Traverse City

Directions North side of 100 block of East Front Street

City Traverse City

Street Name Front

Financial Terms Cash Commercial Loan

Legal Description THT PRT OF BLK 25 ORIG PLAT DES AS COM 147.58 FT E OF NE COR OF FRONT & UNION ST TH E 47.15 FT TH N 132 FT TH W 47.15 FT TH S. 132 FT TO POB EXCEPT PARTY WALL RIGHTS

DOM 362

Postal Code 49684

Price Per Sq Ft Total 366.46

Coming Soon Income property in downtown Traverse City. Over 5 400 space SF of retail space ideally located on E. Front Street in the heart of downtown. Metered parking to the North and South of property

Exterior

Exterior Brick

Lot Size Area 0.14

Lot Dimensions 132 x 47

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Mark Johnson

Listing Agent

Century 21 Northland

Broker

mark@c21northland.com

Affordability Calculator

$13,259

Per Month

Monthly Principal & Interest: $13,259
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Traverse City, MI

Average List Price ^$590,887

Percent of Sale Price 70%

About Traverse City, MI

15,817 Population

7% Since 2002

^$49,237 Median Income

41.86 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/7/2024	$1,995,000	-13.07%	Price Down
6/2/2023	$2,295,000		Listed Price

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111 E Front Street, Traverse City, MI, 49684 is a Commercial Property for sale at $1,995,000 with 5,444 sqft and a lot size of 0.14. 111 E Front Street is a studio with 0.0 baths and was built in 1951. The property's zip code is 49684 which is in Traverse City, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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111 E Front Street

Commercial Property for sale in Traverse City, MI

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