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For Sale

Downtown Mixed Use Building

161 E Front St,
Traverse City, MI 49684

Asset Snapshot

Full Service
Retail Subtype
1900
Year Built
2
Floor Count
1
Building Count
0.11 Acres
Land Area

Offering Summary

Investment Overview

Prime retail corner with 4 beautiful recently built residential units on the 2nd floor. This mixed-use building is on the best corner of Front and Cass in the heart of downtown. An exceptional opportunity to rent or sell the 4 newly designed residential units on the 2nd floor (short term rentals allowed) and remodel the first floor and lower level for a retail store, restaurant or bar. This highly visible property is in the center of the thriving shopping district, providing unmatched foot traffic, and exposure. There is 4,240 square feet of versatile, open space on the main level with deck overlooking the boardman river and an additional 4,240 square fee on the lower level with its on entrance on the river side of the building. 1st floor and lower level are also available for lease or as a condominium unit.


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Listing Syndicated From

Buildout
Accepting Offers
$4,750,000
Asking Price

Investment Sales Broker

Dan Stiebel
Schmidt Realtors

Market Insights