Commercial Land for Sale in Traverse City, Michigan
1054 E Front St Traverse City, MI 49686
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Street
$2,850,000
1.24 acres
Active sale$300k dropEst $20,427/mo
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.
Directions
Southwest corner of the intersection of Garfield Ave and Front St.
Property details
- County
- Grand Traverse County
- School District
- Traverse City Area Public Schools
- Zoning
- Multi-Family, Commercial, Office, Subj to Tenant's Rights
- Elevation
- 604 feet
- MLS Number
- TAAR 1904210
- Date Posted
Detailed attributes
Listing
- Type
- Land
Exterior
- Features
- Development Property
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Feb 6, 2024 | Price drop | $2,850,000 | $300,000 -9.5% | TAAR |
| May 9, 2023 | Price drop | $3,150,000 | $300,000 -8.7% | TAAR |
| Aug 25, 2022 | New listing | $3,450,000 | — | TAAR |
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