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1040 E Front St 1,864 SF Office Building Traverse City, MI 49686 $749,000 ($401.82/SF)
Investment Highlights
- Great Location on US-31
- Finished Lower Level
- High Traffic Volume and Visibility
- Access to US-31 and the Alley
Executive Summary
Introducing a prime investment opportunity at 1040 E Front St, Traverse City, MI. This 1,864 SF building, built in 1981 and zoned HR-Hotel Resort District, sits on 0.25 Acres and offers an ideal setting for an office user or office building investment. With a strategic location on US-31, this property boasts high traffic volume and exceptional visibility, ensuring maximum exposure. Positioned in the bustling Traverse City area at one of the busiest corridors in the County.
This offering is also available with two adjacent vacant lots totaling 0.63 AC for $1,148,000.
This offering is also available with two adjacent vacant lots totaling 0.63 AC for $1,148,000.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Building Size
1,864 SF
Building Class
C
Year Built
1981
Price
$749,000
Price Per SF
$401.82
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,864 SF
Building FAR
0.17
Lot Size
0.25 AC
Zoning
HR - Hotel Resort District
Parking
12 Spaces (6.44 Spaces per 1,000 SF Leased)
1 1
Walk Score®
Very Walkable (70)
Bike Score®
Very Bikeable (77)
Property Taxes
| Parcel Number | 51-558-004-10 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $363,100 |
Property Taxes
Parcel Number
51-558-004-10
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$363,100
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1040 E Front St
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