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$ 1,600,000
Est. payment /mo
New
607 W Front ST Traverse City, MI 49684
2,245 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,245 sqft
Price per Sqft $712
Subdivision Hannah Lay & Co'S
MLS Listing ID 61050225991
Year Built 1895
Lot Size 8,276 Sqft
Acres 0.19
Property Description
Mid-Michigan Investors: Take a look at this irreplaceable, blue-chip asset located in the vibrant epicenter of downtown Traverse City. Situated at 607 West Front St, this fully remodeled 4-plex sits in a prime C-2 Commercial Zone, which provides excellent relief from the tight short-term rental caps that limit typical residential properties in town. The historic 1895 Victorian was extensively renovated top-to-bottom in 2021 with full city approvals. Every space has been thoughtfully styled and furnished to maximize layout functionality. The building breakdown includes: -Unit 1: 1 Bed / 1 Bath -Unit 2: 2 Bed / 1 Bath -Unit 3: Upper 1 Bed / 1 Bath -Unit 4: 1 Bed / 1 Bath X-FACTOR LAYOUT: Two units feature built-in Murphy beds, and all units include full-size, pull-out sofas. You can open up the internal connecting doors to transform the entire building into one massive rental configured to sleep up to 24 people across 12 beds. It is an ideal setup for large vacation groups. COMMERCIAL POTENTIAL: The flexible C-2 zoning allows for a wide array of potential uses, including premium offices, boutique retail, or corporate housing. Under local zoning, there is potential for vertical expansion up to 45 feet, offering a strong opportunity to unlock upper-story bay views due to the property's elevated site layout. Buyers to verify all specific development plans with local planning departments.
Location
State MI
County Grand Traverse
Area Area28042Traversecity
Interior
Heating Natural Gas, Steam
Fireplace No
Exterior
Parking Features OnSite, Other
Utilities Available NaturalGasConnected
View Y/N No
Building
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Traverse City
Others
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Special Listing Condition CorporateRelocation, ShortSaleNo
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Listed by Nonkhane Nonnie Saycosie of Century 21 Signature Realty
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