1054-1060 E Front Street, Traverse City, MI 49686
None · Grand Traverse County
Key Facts
Description
In Commercial Real Estate, it's all about location, location, location. There are only a few true marquee corners in a real estate market, and this is one of them. This 1.2 Acre property is located at the SW corner of E Front Street (US-31) and Garfield Road intersection. These two roads are both main feeder's that converge and funnel approx. 50,000 cars per day into Traverse City from the East and the South. Zoned C-3 Community Center District, this property has a multitude of allowable uses with a max building height of 45' and an 80% Impervious Surface maximum. Just a few minute walk or quick bike ride to West Grand Traverse Bay or Downtown Traverse City.
Property Information
Property Type
Commercial Sale
Sub-Type
Retail
Year Built
2001
Living Area
3,726 sq ft
Lot Size
1.24 acres
Lot Dimensions
330x165
Days on Market
1194
MLS® Listing#
1908374
Property Features
Cooling
Heating
Parking
Lot Features
Construction
Foundation
Roof
Sewer
Water Source
Financial Details
HOA
Yes
Assessed Value
$925,059
Parcel Number
28-51-558-004-00, 002-00
Directions
Southwest corner of the intersection of Garfield Ave and Front St.
Affordability Calculator
$530,000
Estimated monthly payment
$14,104/mo
Principal $2,120,000 · Est. interest $2,957,589 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Traverse City, MI
- $234,833
- Median Listing Price
- 60
- Median Days on Market
- 1,490
- Median Sq Ft
- $136
- Median Price / Sq Ft
- 13,302
- Active Listings
- This home’s price is 1028% above the area median.
- Its price per sq ft is 425% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Traverse City, MI.
Location
Points of Interest in Traverse City, MI
Showing the Traverse City area map.
Nearby Schools
Bethlehem Nursery School
Elementary · 0.1 mi away
Oak Park Elementary School
Elementary · 0.1 mi away
Traverse City Central High School
Secondary · 0.4 mi away
Traverse City Area Public Schools
Elementary · 0.5 mi away
Eastern Elementary School
Elementary · 0.7 mi away
Traverse City Elementary School
Elementary · 1.0 mi away
Traverse Heights Elementary School
Elementary · 1.0 mi away
Community Children's Center
School · 1.0 mi away
Traverse Bay Mennonite School
School · 1.1 mi away
Holy Angels Elementary School
Elementary · 1.4 mi away
St Francis High School
Secondary · 1.4 mi away
Grand Traverse Area Catholic Schools
Elementary · 1.4 mi away
Central Grade School
Elementary · 1.5 mi away
Glenn Loomis Elementary School
Elementary · 1.8 mi away
Tcaps Montessori School
Elementary · 1.8 mi away
Traverse City Senior High School
Secondary · 1.9 mi away
Trinity Lutheran Church & School, LCMS
Elementary · 1.9 mi away
Immaculate Conception Elementary School
Elementary · 1.9 mi away
Traverse Bay Area Intermediate School
School · 2.0 mi away
Manufacturing Technology Academy
School · 2.0 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 49266 Villa Court, Novi City, MI | $1,870,000 | 2 | 3 | 2,875 |
| 1932 Shipman Boulevard, Birmingham City, MI | $1,874,900 | 5 | 6 | 4,419 |
| 1323 Washington Boulevard, Birmingham City, MI | $1,875,000 | 5 | 5 | 4,658 |
| 1998 Hazel Street, Birmingham City, MI | $1,875,000 | 4 | 5 | 3,580 |
| 530 N Division Street Unit C, Ann Arbor City, MI | $1,875,000 | 3 | 4 | 2,481 |
| 30 Lakeshore Drive, South Haven City, MI | $1,885,000 | 6 | 3 | 2,327 |
Moving Cost Estimate
EXIT Agents in Traverse City
Listing Courtesy: Three West, LLC