Traverse City, MI 49684,124 W Front Street
Traverse City, MI 49684,124 W Front Street
Traverse City, MI 49684,124 W Front Street
16
$3,450,000
$3,450,000
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

1.25 Acres Lot

124 W Front Street Traverse City, MI 49684

Est. payment /mo
SOLD DATE : 01/23/2023

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $3,450,000

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Sold

Purchase Type For Sale

Subdivision Mi

MLS Listing ID 80012855

Sold Date 01/23/23

Lot Size 1.250 Acres

Acres 1.25

Lot Dimensions 453x112

Property Description

This is one of the largest development sites remaining in downtown Traverse City, one of the countries most beautiful places. Develop your project up to 60' in height to take advantage of some of the best views of West Grand Traverse Bay that Traverse City has to offer. This property is located across the street of the parcel that will be home to the West End Parking Deck. Developers can take advantage of a list of brownfield incentives as well as a $250,000 incentive from the Traverse City DDA for incorporating underground parking into the project. The property also boasts nearly 300' of frontage on the Boardman River which would allow for a nice boardwalk development river side for cafes, restaurants and other boutique retail. The west property boundary is home to the new pedestrian bridge across the river connecting this piece to the newly re-developed warehouse district, home to shopping, a brewery, restaurants and coffeehouse.

Location

State MI

County Grand Traverse

Area Traverse City (28021)

Zoning Professional Office,Commercial

Interior

Heating None

Cooling None

Others

Ownership Private

Acceptable Financing Conventional

Listing Terms Conventional

Financing Cash,Commercial Loan,Conventional

Read Less


MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by Three West, LLC
Bought with Three West, LLC

GET MORE INFORMATION

Morgan Beilfuss

Agent | License ID: 6501277052

+1(989) 277-7860

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.