1054 & 1060 East Front St

1054 & 1060 East Front St Traverse City, MI 49686

1054 & 1060 East Front St, Traverse City, MI, 49686
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FOR SALE
Property Type:
Multifamily Land
Amount:
$2,850,000
Last Verified:
Nov 14, 2024

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Highlights

  • Large Corner Location
  • 50,000 Cars Per Day
  • Redevelopment Opportunity
  • 1054 - 3726 SF / 1 AC / Built 2001
  • 1060 - 728 SF / .24 AC / Built 1976 / Remodel 1994

Description

In Commercial Real Estate, it's all about location, location, location. There are only a few true marquee corners in a real estate market, and this is one of them. This 1.2 Acre property is located at the SW corner of E Front Street (US-31) and Garfield Road intersection. These two roads are both main feeder's that converge and funnel approx. 50,000 cars per day into Traverse City from the East and the South. Zoned C-3 Community Center District, this property has a multitude of allowable uses with a max building height of 45' and an 80% Impervious Surface maximum.
Just a few minute walk or quick bike ride to West Grand Traverse Bay or Downtown Traverse City.

Southwest corner of the intersection of Garfield Ave and Front St.


Year Built: 2001
Building Size: 4454sq ft
Lot Size: 1.24 acres


Documents

Traverse City, MI Code of Ordinances.pdf
SUMMARY OF SALIENT FACTS 2022[1].docx
Existing Survey.jpg
Sale Brochure

Map of 1054 & 1060 East Front St, Traverse City, MI, 49686

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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:

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