116 W Front Street, Traverse City, MI 49684

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List Price
$4,800,000
Price Change
▼ $700,000 1780706320
Days on Market
170
MLS#
1942138
Status
ACTIVE
Type
Commercial

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.

Additional Information

Acres
0.79
Heating
Baseboard, Hot Water
Roofing
Other
Sewer
Public
Water
Public

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Amount of Loan
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Julia Bloxsom-Phelps from Listing Office: REO-TCRandolph-233022.

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