Grand Traverse Motel For
For Sale
$2,300,000
1010 E Front Street, Traverse City, MI 49686
Well-located 18-room motel near downtown Traverse City.
Property Size8,062 SF
Lot Size0.49 Acres
Price / SF$285.29
Days on Market169
Property Features for 1010 E Front Street
General Information
Standard status
Active
Size
8,062 SF
Lot size
0.49 Acres
Property subtype
Hospitality
Building Details
Year Built
1955
Listing Agency:
Coldwell Banker Commercial Schmidt Realtors
(231) 633-0432
Listed By:
Dan Stiebel · License #6506040160
(231) 633-0432
Source:
Cbcworldwide
Added: Mar 5
Changed: Jul 10
Last Checked: Apr 9 at 9:00PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Schmidt Realtors
Investment Insights
Based on property information with market context.
The Grand Traverse Motel, originally built in 1955 and most recently renovated in 2018, is positioned on a corner lot less than one mile east of downtown Traverse City. The property features 18 rooms, including 17 guest rooms and a dedicated manager's suite. Its central location near public beach access and downtown Traverse City makes it an attractive opportunity. The 8,062 square foot motel sits on approximately 0.49 acres with about 131 feet of frontage along Munson Avenue, offering exposure and parking.
Key Highlights
- Prime location less than one mile from downtown Traverse City.
- High visibility corner lot with 131 feet of frontage on Munson Avenue.
- Renovated in 2018.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
739
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 49686, MI
25,859
Population
13,261
Households
2
Avg Household Size
45
Median Age
46%
College-Educated
95%
High-School Grad
47.3 sq mi
ZIP Area
547
Density / Sq Mi
$71,198
Median Household Income
$40,373
Median Earnings
$1,209
Median Rent
$295,500
Median Home Value
Questions? Ask Rey
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Similar Off Market Nearby
- Grand Traverse Event Center — 738 S Garfield Ave, Traverse City, MI 49686
- Innovative Casino Products — 1017 Hannah Ave, Traverse City, MI 49686
- French Cat Apartments — 544 E Eighth St Suite 7, Traverse City, MI 49686
- Two Lower Level Apartments near Boardman Lake — E Eighth St #544, Traverse City, MI 49686
- Paddle For Pints — 642 Railroad Pl, Traverse City, MI 49686
Frequently Asked Questions
What type of property is this?
Motel - Well-located 18-room motel near downtown Traverse City.
Where is this motel located?
The property is located at 1010 E Front Street Traverse City, MI.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Prime location less than one mile from downtown Traverse City.; High visibility corner lot with **131 feet of frontage on Munson Avenue.**; Renovated in 2018.
