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Corner Commercial Land

1054-1060 E Front Street, Traverse City, MI 49686

For Sale
$2,250,000
Under Contract

Vacant Lot/Land, Traverse City, MI

Property SizeContact for details
Lot Size1.24 Acres
Days on Market1538

Property Features for 1054-1060 E Front Street

General Information

Property type Land
Property subtype Other
Zoning Multi-Family,Commercial,O
Zoning description Multi-Family, Commercial, Office, Subj to Tenant's Rights
Exterior features Development Property
Lot features Corner Lot, Corner Lot
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 Southwest corner of the intersection of Garfield Ave and Front St.
Subdivision Grand Traverse
Standard status Active Under Contract
Lot size 1.24 Acres

Taxes and HOA fees

Tax Description 1054-LOTS 2-3-4-5 EDNA PARK ADD 1060-lengthy see documents
Legal Description 1054-LOTS 2-3-4-5 EDNA PARK ADD 1060-lengthy see documents
Listing Agency: Three West, LLC
Listed By: Kevin Endres · License #6505352968
Added: Aug 25, 2022 Changed: Oct 5 Last Checked: Nov 9 at 4:06AM
MLS# 1904210

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.

Rey
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Investment Insights

Based on property information with market context.

This vacant commercial land comprises 1.24 acres at the southwest corner of E Front Street, identified as US-31, and Garfield Road in Traverse City. The site is described as a development property with a prominent corner position at the intersection of two main feeder roads.

Approximately 50,000 cars per day travel these routes into Traverse City from the east and south. The property is also within a few minutes’ walk or a quick bike ride of West Grand Traverse Bay and downtown Traverse City, placing the parcel near both waterfront and central-city destinations.

Key Highlights

  • 1.24‑acre vacant commercial land parcel
  • Southwest corner of E Front Street (US‑31) and Garfield Road
  • Approximately 50,000 cars per day enter Traverse City from the east and south

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

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.

Lease Details

50,000 VPD
Traffic count

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

Average Price Trend$/SF for Commercial land in Traverse City, MI

$215 Jul
$217 Aug
$220 Sep
$175 Oct

Properties on Market for Commercial land in Traverse City

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Commercial land - Development site positioned where two primary routes meet, serving traffic from Traverse City’s east and south.
Where is this commercial land located?
The property is located at 1054-1060 E Front Street Traverse City, MI.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: 1.24‑acre vacant commercial land parcel; Southwest corner of E Front Street (US‑31) and Garfield Road; Approximately 50,000 cars per day enter Traverse City from the east and south
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