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East Front Street Portfolio 2 Properties Offered at $1,198,000 in Traverse City, MI
INVESTMENT HIGHLIGHTS
- Great Location on US-31.
- High Traffic Volume and Visibility.
- Large Development Parcel.
EXECUTIVE SUMMARY
Here is an opportunity to purchase and develop a large 0.63 Acre commercial parcel on US-31 at the gateway to beautiful downtown Traverse City, one of the country's most desirable Midwest locations. US-31 is the main East-West Corridor through the Grand Traverse Region, known for its beaches on crystal blue waters, wineries, breweries, restaurants and many outdoor activities. The property consists of three separate lots, two vacant and one with an existing office building remaining. This property is also available as two vacant lots totaling 0.38 AC for $399,000 or the 1,864 SF office building on 0.25 AC for $799,000.
PROPERTY FACTS
| Price | $1,198,000 | Number of Properties | 2 |
| Price / SF | $642.70 / SF | Individually For Sale | 2 |
| Sale Condition | Bulk/Portfolio Sale | Total Building Size | 1,864 SF |
| Sale Type | Investment or Owner User | Total Land Area | 0.63 AC |
| Status | Active |
| Price | $1,198,000 |
| Price / SF | $642.70 / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 2 |
| Total Building Size | 1,864 SF |
| Total Land Area | 0.63 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 1026-1028 E Front St, Traverse City, MI 49686 | Land | 0.38 AC | - | $399,000 |
| 1040 E Front St, Traverse City, MI 49686 | Office | 1,864 SF | 1981 | $799,000 |
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East Front Street Portfolio
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