302 W Front Street Traverse City, MI ^$ 1,575,000

302 W Front Street

^$ 1,575,000

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302 W Front Street

Traverse City, MI, 49684

^$ 1,575,000

Studio Baths0.0 Sq 6,100

Monthly Estimate*

^$ 10,468

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Studio

Commercial Property for sale in Traverse City, MI

for $1,575,000. This 6,100 square foot building was built in 1938 on a lot size of 0.15.

West Front Street is on fire with new development! Now, this parcel is available as an infill redevelopment opportunity. New parking deck is planned just around the corner. This is a perfect location for luxury condos, boutique hotels and several other uses. Bordered on the East side with TC's pedestrian bridge which crosses the Boardman River into the popular Warehouse District and one block to the Bay. Use by right, allows this land to be built to a 60' height offering views of West Grand Traverse Bay and the Boardman River. J&S Hamburg will re-locate.

Commercial Active

Price

^$ 1,575,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Commercial/Industrial

Lot Size

0.15

Year Built

1938

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

80013949

Features

General

Heating Forced Air

Cooling Central A/C

Possession Negotiable (Possession)

Roof Composite

Water Public Water

Status Active Active

Year Built 1938

Parking Parking Lot

Subdivision Metes and Bounds MI

County Grand Traverse

Class COM/IND/BUS OPP

Type Commercial/Industrial

Business Name J & S Hamburg

Percent Ownership Corporation

Municipality Traverse City

Section 5

Zoning Professional Office Commercial Residential

Commercial Features ADA Accessible Bath

Area Traverse City (28021)

Primary City Traverse City

Location Corner Lot

Directions Downtown Traverse City on the north side of the intersection of West Front St. and Pine St.

City Traverse City

Street Name Front

Financial Terms Cash Commercial Loan

Legal Description LOTS 27-28 & THT PRT OF LOT 29 LYING E OF RR ROW HANNAH LAY & CO'S 5TH SUB & THT PRT OF BLK 26 ORIG PLAT LYING N OF LOTS 27-28-29 & S OF BOARDMAN RIVER & EAST OF RR R/W

DOM 134

Postal Code 49684

Price Per Sq Ft Total 258.2

Coming Soon West Front Street is on fire with new development! Now

Exterior

Exterior Block

Lot Size Area 0.15

Lot Dimensions 61x100

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Doug Meteyer

Listing Agent

Keller Williams Northern Michi

Broker

doug@dougmeteyer.com

Affordability Calculator

$10,468

Per Month

Monthly Principal & Interest: $10,468
Monthly Property Taxes: --
Monthly Home Insurance: --

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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 ^$593,417

Percent of Sale Price 62%

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
1/9/2024	$1,575,000		Listed Price

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302 W Front Street, Traverse City, MI, 49684 is a Commercial Property for sale at $1,575,000 with 6,100 sqft and a lot size of 0.15. 302 W Front Street is a studio with 0.0 baths and was built in 1938. 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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302 W Front Street

Commercial Property for sale in Traverse City, MI

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