$325,000
$395,000
17.7%For more information regarding the value of a property, please contact us for a free consultation.
2,553 SqFt
SOLD DATE : 05/09/2025
Key Details
Sold Price $325,000
Property Type Commercial
Sub Type Business Opportunity
Listing Status Sold
Purchase Type For Sale
Square Footage 2,553 sqft
Price per Sqft $127
MLS Listing ID 78080055448
Sold Date 05/09/25
Year Built 1896
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 37x166
Property Sub-Type Business Opportunity
Source Aspire North REALTORS®
Property Description
Prime investment / development opportunity on a highly desirable stretch of Traverse City's NoBo district. D2 zoning allows for a multitude of commercial and residential uses, including multifamily housing, inns, offices and storefronts. Walking distance to Boardman Lake access at Hull Park, the TART/Boardman Lake Loop, F&M Park, the Filling Station, and much, much more - this location is in the center of it all. The Two rental units provide a steady income stream while planning for your ideal development!
Location
State MI
County Grand Traverse
Area Traverse City
Zoning Other
Interior
Heating Forced Air
Heat Source Natural Gas
Exterior
Roof Type Asphalt
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Frame,Vinyl
Schools
School District Traverse City
Others
Tax ID 285163403100
Ownership Private Owned
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Financing Cash,Conventional,Other
Special Listing Condition Unknown/Data Share Listings
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Bought with Coldwell Banker Schmidt Traver
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