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Commercial Land With Existing Office
For Sale
Under Contract
$1,148,000

1040 E Front Street, Traverse City, MI 49686

Commercial, Traverse City, MI

Property Size1,864 SF
Lot Size0.63 Acres
Price / SF$615.88
Days on Market1112

Property Features for 1040 E Front Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning description Office, Retail, Commercial, Restaurant/Food, Motel/Hotel
Parking features Parking Lot
Exterior features Brick
Lot features Inside Lot, Freestanding
Directions South side of E Front St between Garfield Ave and Gilbert Ave.
Subdivision Grand Traverse
Standard status Active Under Contract
Size 1,864 SF
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

Building Details

Building materials Frame
Roof type Asphalt
Listing Agency: Three West, LLC
Listed By: Kevin Endres · License #6505352968
Added: Sep 5, 2023 Changed: Sep 1 Last Checked: Sep 20 at 6:06AM
MLS# 1915323

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.

This 0.63-acre commercial land offering includes three separate lots: two vacant parcels and one improved with an existing 1,864-square-foot office building. The building features frame construction, brick exterior elements, an asphalt roof, and a dedicated parking lot.

The property is located at 1040 E Front Street in Traverse City, with frontage along US-31 and proximity to downtown Traverse City. The offering may also be combined with an adjacent 1.25-acre parcel that is separately available, creating a larger assembled land position.

Key Highlights

  • 0.63‑acre commercial land offering comprising three separate lots
  • Two vacant lots plus one lot improved with a 1,864‑square‑foot office building
  • Existing office building with frame construction and brick exterior elements

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Carpet & Flooring Store HVAC Service Locksmith Parking Lot & Garage Catering Service Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

656
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Three-lot parcel combines vacant land with an existing office building and on-site parking.
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 land offering comprising three separate lots; Two vacant lots plus one lot improved with a 1,864‑square‑foot office building; Existing office building with frame construction and brick exterior elements
More about this property
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