424 E Front Traverse City, MI $ 1,560,000
424 E Front
$ 1,560,000
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424 E Front

Traverse City, MI, 49686
$ 1,560,000
Baths0.0 Sq 2,538

Monthly Estimate*

$ 10,368

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Studio

Commercial Property for sale in Traverse City, MI

for $1,560,000. This 2,538 square foot building was built in 1936 on a lot size of 0.18.

A versatile location with an eye on the future and West Bay! This 2,538 sq ft building with a 20 space parking lot offers new ownership an almost endless list of possibilities! The current office use is updated and well kept, featuring 2 conference rooms, ADA accessible half bathroom, kitchenette, and sizable reception/waiting area. Additionally there are 7 offices with 3 offering beautiful water views. The substantial basement provides excellent additional storage. Future options abound at this location! The building has 2 addresses/frontages leaving options open to reconfigure into multiple ventures! Furthermore, current zoning permits up to 4 stories. Imagine year round unobstructed views of West Bay! No matter your calling; this TC treasure is worth a look! The website www.traversecitymi.gov/government/city-departments/planning-and-zoning/ provides Traverse City zoning information. Shown by appointment only. Real estate only for sale; please do not approach business/employees occupying location about this listing.

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Commercial Active

Price

$ 1,560,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 18,941

Style

Business

Lot Size

0.18

Year Built

1936

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

80016563

Features
General
Heating Baseboard Zoned Heating
Possession Negotiable (Possession)
Water Public Water
Status Active Active
Year Built 1936
Parking 11-20 Spaces 21+ Spaces Parking Lot
Subdivision None MI
County Grand Traverse
Class COM/IND/BUS OPP
Type Business
Business Name Tier One Investments LLC
Percent Ownership Private
Municipality Traverse City
Section 2
Zoning Professional Office Commercial Other
Commercial Features ADA Accessible Bath Concrete Floor Security Syetem Owned
Area Traverse City (28021)
Primary City Traverse City
Directions Situated on the Eastern portion of Front Street between Boardman Avenue and Wellington Street. The property is next to Bubbas Restaurant across the street from the river.
City Traverse City
Street Name Front
Financial Terms Cash Commercial Loan Exchange/Trade
Legal Description 159 THT PRT OF LOTS 4 & 5 BLK 12 ORIG PLAT DES AS COM AT NE COR OF LOT 5 TH W 31.89FT TO POB TH S 165.64 FT TH W 50.05 FT TH N 165.66 FT TH E 50.45 FT TO POB
DOM 42
Postal Code 49686
Price Per Sq Ft Total 614.66
Coming Soon A versatile location with an eye on the future and West Bay! This 2
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Exterior
Exterior Block Other Vinyl Siding
Lot Size Area 0.18
Lot Dimensions 165 x 50
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Interior
Ceiling Height Less than 16 Ft.
Fuel Type Natural Gas
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* Excluded Features
List By
Deirdre Carroll

Listing Agent

Century 21 Northland

Broker

deirdre.carroll@c21northland.com

Email

Affordability Calculator

$11,947
Per Month
87%
13%
0%
Monthly Principal & Interest
$10,368
Monthly Property Taxes
$1,578
Monthly 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/17/2024$1,560,000 Listed Price

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424 E Front, Traverse City, MI, 49686 is a Commercial Property for sale at $1,560,000 with 2,538 sqft and a lot size of 0.18. 424 E Front is a studio with 0.0 baths and was built in 1936. The property's zip code is 49686 which is in Traverse City, MI