1040 Front StTraverse City, MI 49686

For Sale
$1,299,000
Prime US-31 location, 0.63 acres, high visibility.

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional redevelopment opportunity presents 0.63 acres of prime commercial land situated on US-31 in Traverse City, Michigan. The property boasts a high-traffic, high-visibility location at the gateway to downtown, a highly desirable area known for its stunning natural beauty, vibrant culinary scene, and thriving tourism industry. The site comprises three separate parcels: two vacant lots and one with an existing single-story, 1,864 square foot office building constructed in 1981. This building currently contains one unit and is zoned HR. The asking price is $1,299,000, translating to $696.89 per square foot. US-31, the main East-West corridor through the Grand Traverse region, ensures exceptional exposure and accessibility. This presents a unique chance to capitalize on the area's robust economy and strong demand for commercial development. An adjacent 1.25-acre parcel is also available for purchase, offering the potential for a significantly larger development project. The property's APN is 28-51-558-004-10, 005-00, 006-00. This is a private owner offering. A virtual tour is available online. Don't miss this chance to build your vision in a thriving Michigan community.

Highlights

  • 0.63-acre commercial parcel located on US-31 in Traverse City, MI.
  • Large redevelopment opportunity encompassing three lots: two vacant and one with an existing office building.
  • High-traffic, high-visibility location on US-31, a major East-West corridor.

Property Details for 1040 Front St

Property type
Retail properties, Office properties
Square Feet
1,864 SF
Year Built
1981
Buildings
1
Stories
1
Lot Size (sq. ft)
27,443 SF
Units
1

Location Insight

City
Traverse City
County
Grand Traverse
State
Michigan
Latitude
44.7638786
Longitude
-85.5967613
1040 Front St, Traverse City, Michigan

FAQs

What type of property is this?
Retail property - Prime US-31 location, 0.63 acres, high visibility.
Where is the retail property located?
The property is located at 1040 Front St Traverse City, MI.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: 0.63-acre commercial parcel located on US-31 in Traverse City, MI.; Large redevelopment opportunity encompassing three lots: two vacant and one with an existing office building.; High-traffic, high-visibility location on US-31, a major East-West corridor.
How can I contact the broker?
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1040 Front St
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