37
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$2,300,000
Est. payment /mo
8,062 SqFt
Active
1010 E Front Street Traverse City, MI 49686
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Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 8,062 sqft
Price per Sqft $285
MLS Listing ID 80065230
Year Built 1955
Lot Size 0.490 Acres
Acres 0.49
Lot Dimensions 131' x 165'
Property Sub-Type Business
Property Description
The Grand Traverse Motel is a highly visible, well-located motel positioned on a corner lot on Front & Gilbert less than one mile east of downtown Traverse City. Originally built in 1955 and most recently renovated in 2018, the property features 18 total rooms—17 guest rooms plus a dedicated manager’s suite. Its central location near public beach access and downtown Traverse City makes it an attractive opportunity as visitors to the area continue increasing. This 8,062 SF motel sits on approximately 0.49 acres with about 131 feet of frontage along busy Munson Avenue, offering exceptional exposure and easy parking. Do not to call the motel or speak to the employees.
Location
State MI
County Grand Traverse
Area Traverse City (28021)
Zoning Professional Office,Commercial
Interior
Heating Forced Air
Cooling Central A/C
Exterior
Parking Features Parking Lot
Roof Type Asphalt
Building
Foundation Slab
Water Public Water
Structure Type Frame,Wood
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Commercial Loan,Exchange/Trade
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Coldwell Banker Schmidt Traverse City
NEARBY SCHOOL & BUSINESS
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