1040 Front StTraverse City, MI 49686

Property Details for 1040 Front St

Year built

1981

Lot size

0.63 AC

Property size (Sq ft)

1,864 SF

Property type

Retail properties

Property subtype

Office properties

Description

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.

Location Insight

City

Traverse City

County

Grand Traverse

State

Michigan

Latitude

44.7639

Longitude

-85.5968

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