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Listed by REO-TCRandolph-233022
$4,800,000
Est. payment /mo
28,928 SqFt
Active
116 W Front Street Traverse City, MI 49684
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 28,928 sqft
Price per Sqft $165
MLS Listing ID 1942138
Year Built 1941
Lot Size 0.790 Acres
Acres 0.79
Property Sub-Type Mixed Use
Property Description
Prime Downtown Traverse City Commercial Opportunity – Building + Dedicated Parking. Exceptional opportunity to acquire a core downtown commercial property paired with a dedicated off-site parking lot in the heart of Traverse City's premier Front Street corridor. This offering includes the commercial building at 116 W. Front Street and the parking lot directly across the street at 119 W. Front Street, a rare and highly valuable combination in a dense, supply-constrained downtown market. Located on Traverse City's most recognizable commercial street, the property benefits from outstanding visibility, heavy year-round foot traffic, and immediate proximity to dining, retail, entertainment, and West Grand Traverse Bay. Office building contains a dedicated boiler system for heated sidewalks along Front Street, further enhancing year-round accessibility, a significant advantage in Northern Michigan's winter months.
Location
State MI
Rooms
Basement Full, Walk-Out Access, Finished, Bath/Stubbed, Exterior Entry
Interior
Heating Hot Water, Baseboard, Natural Gas
Exterior
Waterfront Description Public
Roof Type Membrane
Garage false
Building
Foundation Block
Sewer Public Sewer
Water Public
Others
NEARBY SCHOOL & BUSINESS
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