Professional | Medical Office Building

921 W Front St Traverse City, MI 49684

Medium_full
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FOR SALE
Property Type:
Medical/Healthcare
Amount:
$1,200,000
Last Verified:
Apr 21, 2017


Located at the south east corner W Front St and S Elmwood Ave
Excellent Location
5,252 SF Medical Office Building
Large Reception Area
Multiple Exam Rooms
Private Parking Lot
Year Built: 2002
Building Size: 5252.0sq ft
Building Class: A
Lot Size: 0.59 acres

Map of 921 W Front St, Traverse City, MI, 49684

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Real Estate Incentives (What is this?)
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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.