116 W Front ST, Traverse City, MI 49684
116 W Front ST, Traverse City, MI 49684
116 W Front ST, Traverse City, MI 49684
116 W Front ST, Traverse City, MI 49684
116 W Front ST, Traverse City, MI 49684
116 W Front ST, Traverse City, MI 49684
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$ 5,500,000
Est. payment | /mo

14,464 SqFt


$ 5,500,000
Est. payment | /mo

14,464 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 14,464 sqft

Price per Sqft $380

Subdivision Record Eagle Office Building

MLS Listing ID 78080065297

Year Built 1941

Lot Size 0.790 Acres

Acres 0.79

Property Description

Prime Downtown Traverse City Commercial Opportunity â€" Building + Dedicated Parking. Exceptional opportunity to acquire a core downtown commercial property paired with a dedicated off-site parking lot in the heart of Traverse City’s premier Front Street corridor. This offering includes the commercial building at 116 W. Front Street and the parking lot directly across the street at 119 W. Front Street, a rare and highly valuable combination in a dense, supply-constrained downtown market. Located on Traverse City’s most recognizable commercial street, the property benefits from outstanding visibility, heavy year-round foot traffic, and immediate proximity to dining, retail, entertainment, and West Grand Traverse Bay. Office building contains a dedicated boiler system for heated sidewalks along Front Street, further enhancing year-round accessibility, a significant advantage in Northern Michigan’s winter months.

Location

State MI

County Grand Traverse

Area Area28042Traversecity

Interior

Heating Baseboard, Hot Water, Natural Gas

Cooling Central Air

Fireplace No

Exterior

Parking Features ParkingLot

Utilities Available NaturalGasConnected

View Y/N No

Building

Foundation Basement

Sewer Public Sewer

Water Public

New Construction No

Schools

High Schools Traverse City

School District Traverse City

Others

Acceptable Financing Cash, Other, Trade1031Exchange

Listing Terms Cash, Other, Trade1031Exchange

Special Listing Condition Standard

Virtual Tour https://tours.bluelavamedia.com/s/116-W-Front-St-Traverse-City-MI-49684

Realcomp MLS
Listed by Julia Bloxsom-Phelps of REO-TCRandolph-233022

Schools and Properties Nearby

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116 W Front ST