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    121 E Front St, Unit Traverse City Traverse City, MI 49684

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    For Sale
    $3,975,000

    Prominent mixed-use building in downtown Traverse City with redevelopment potential.

    Property size:
    23 SF

    Property Features for 121 E Front St

    General Information

    Size
    23 SF

    Building Details

    Year built
    1930

    Source: Mark Hagan Agent Mark Hagan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Iconic Traverse City Mixed-Use Building

    The Front Row Centre building, located at 121 E Front Street in downtown Traverse City, Michigan, is a landmark structure offering panoramic views of Front Street, the Boardman River, and West Grand Traverse Bay. Originally a movie theater, the building has been transformed into a mixed-use retail and office space. This five-level structure includes four above-ground floors and a lower level, featuring an atrium with multi-story windows that provide waterfront views and natural light. The building currently houses 15 retail establishments and business offices, along with a fully equipped event space in the lower level. A 1,650-sq/ft suite on the fourth floor offers premium views and customization potential. This property offers redevelopment potential in Traverse City's downtown district, with its location, historical significance, and versatile layout presenting an opportunity for investors.
    Location Intelligence

    Current Use by Public Records

    Suite Jayne girls ... Beauty Salon Jeffrey C Alandt Attorney Harbor View Lavender ... Store Secondhand Social Club Art Center Unparalleled Apparel Clothing Store

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Traverse City
    County
    Grand Traverse
    State
    Michigan
    Longitude
    -85.6227975
    Latitude
    44.7642477

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    FAQs

    What type of property is this?
    Community center - Prominent mixed-use building in downtown Traverse City with redevelopment potential.
    Where is this community center located?
    The property is located at 121 E Front St, Unit Traverse City Traverse City, MI.
    What is the asking price?
    The asking price for this property is $3,975,000.
    What are key features of this property?
    This property features: - Premier Downtown Traverse City Location: Landmark building on Front Street with panoramic views of the Boardman River and West Grand Traverse Bay.; - Substantial Mixed-Use Building: Five-level structure with retail, office space, and event space, offering diverse income potential.; - Stunning Architectural Features: Includes a multi-story atrium with soaring windows providing waterfront views and natural light.
    (231) 929-7985
    Request Owner's contact information
    121 E Front St, Unit Traverse City Traverse City, MI 49684
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    121 E Front St, Unit Traverse City Traverse City, MI 49684
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