Commercial Land with Existing Office
For Sale
Under Contract
$1,148,000
1040 E Front Street, Traverse City, MI 49686
LAND - Traverse City, MI
Property Size1,864 SF
Lot Size0.63 Acres
Price / SF$615.88
Days on Market1080
Property Features for 1040 E Front Street
General Information
Property type
Land
Property subtype
Other
Zoning
Commercial,Office
Zoning description
Commercial, Office
Lot features
Level, Level
Elementary school district
Traverse City Area Public Schools
Middle school district
Traverse City Area Public Schools
High school district
Traverse City Area Public Schools
Directions
South side of E Front St between Garfield Ave and Gilbert Ave.
Subdivision
Grand Traverse
Standard status
Active Under Contract
Lot size
0.63 Acres
Taxes and HOA fees
Tax Description
1040-LOT 6 EDNA PARK ADD 1028-LOT 7 EDNA PARK ADD 1026-E 1/2 OF LOT 8 EDNA PARK ADD
Legal Description
1040-LOT 6 EDNA PARK ADD 1028-LOT 7 EDNA PARK ADD 1026-E 1/2 OF LOT 8 EDNA PARK ADD
Listing Agency:
Three West, LLC
(231) 929-2955
Listed By:
Kevin Endres · License #6502377374
(231) 534-5225
Added: Sep 5, 2023
Changed: Jul 2
Last Checked: Aug 19 at 4:06AM
MLS# 1915324
Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The offering is a 0.63-acre commercial parcel made up of three separate lots: two lots are vacant, and one lot includes an existing office building that remains on site. The property is zoned for commercial and office use, supporting a range of development or redevelopment approaches depending on final site planning and approvals.
Located on US-31 in Traverse City, the parcel sits at the gateway to downtown Traverse City. It benefits from its position along the main east-west corridor through the Grand Traverse region. An additional adjacent property is also available for sale for an extra 1.25 acres, which can be combined to create a larger development piece.
For tenants, developers, or buyers seeking a mixed vacant-and-improved site, the presence of an existing office building may support interim occupancy or guide future phasing. The split-lot configuration provides options for how improvements could be arranged across the vacant lots versus the lot with the building, while keeping the overall tract size suitable for a larger commercial/office concept.
Located on US-31 in Traverse City, the parcel sits at the gateway to downtown Traverse City. It benefits from its position along the main east-west corridor through the Grand Traverse region. An additional adjacent property is also available for sale for an extra 1.25 acres, which can be combined to create a larger development piece.
For tenants, developers, or buyers seeking a mixed vacant-and-improved site, the presence of an existing office building may support interim occupancy or guide future phasing. The split-lot configuration provides options for how improvements could be arranged across the vacant lots versus the lot with the building, while keeping the overall tract size suitable for a larger commercial/office concept.
Key Highlights
- 0.63‑acre commercial parcel on US‑31 at the gateway to downtown Traverse City
- Property includes three separate lots: two vacant lots plus one lot with an existing office building
- Existing office building remaining on one of the lots
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
880
Businesses Nearby
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
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Three-lot commercial parcel with an existing office building, positioned on US-31 for flexible development planning.
Where is this commercial land located?
The property is located at 1040 E Front Street Traverse City, MI.
What is the asking price?
The asking price for this property is $1,148,000.
What are key features of this property?
This property features: 0.63‑acre commercial parcel on US‑31 at the gateway to downtown Traverse City; Property includes three separate lots: two vacant lots plus one lot with an existing office building; Existing office building remaining on one of the lots
