Retail Condo Unit with C-4c
141 W Front Street Traverse City, MI 49684
141 W Front Street, Traverse City, MI, 49684
$773,400
For Sale
$773,400
Retail condo unit is scheduled for completion in March 2026 and is offered under C-4c zoning.
Property Size2,578 SF
Price / SF$300
Days on Market363
Property Features for 141 W Front Street
General Information
- Standard status
- Active
- Size
- 2,578 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2026
Listing Agency
Three West, LLC
(231) 534-5225
Listed by
Kevin L Endres · License #6505352968
(231) 534-5225
Source
Carolbollo
Added: Jul 21, 2025 Checked: Jul 18 at 2:44 am
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 Three West, LLC
Investment Insights
Based on property information with market context.
This for-sale retail condo unit totals 2,578 SF and is scheduled for completion in March of 2026. The space is being presented with modern amenities and a versatile layout designed for retail use.
Located at 141 W Front Street in downtown Traverse City, the property is offered under C-4c zoning, which supports retail businesses.
When completed, the unit will provide a dedicated retail condo configuration within the downtown retail corridor, with timing aligned to a March 2026 delivery.
Located at 141 W Front Street in downtown Traverse City, the property is offered under C-4c zoning, which supports retail businesses.
When completed, the unit will provide a dedicated retail condo configuration within the downtown retail corridor, with timing aligned to a March 2026 delivery.
Key Highlights
- 2,578 SF retail condo unit in downtown Traverse City, scheduled for completion in March 2026
- C‑4c zoning, suitable for retail businesses
- Year built: 2026
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $49.5k | $19.20 |
| − Vacancy | −$4.0k | −$1.54 |
| EGI | $45.5k | $17.66 |
| − OpEx | −$13.7k | −$5.30 |
| NOI | $31.9k | $12.36 |
2,578 SF · lease $19.20/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$455.4K
$398.5K – $531.3K
NOI $31,876 @ 7.0% cap · market cap 4.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$560.0K
$490.0K – $653.4K
NOI $39,202 @ 7.0% cap · market cap 5.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Fustini's Oils & Vinegars ...
Specialty Food Shop
Similar For Sale Nearby
Similar Off Market Nearby
- Darling Botanical Company — 144 Hall St, Traverse City, MI 49684
- The Flower Station — 341 W Front St, Traverse City, MI 49684
FAQs
What type of property is this?
Storefront property - Retail condo unit is scheduled for completion in March 2026 and is offered under C-4c zoning.
Where is this storefront property located?
The property is located at 141 W Front Street Traverse City, MI.
What is the asking price?
The asking price for this property is $773,400.
What are key features of this property?
This property features: 2,578 SF retail condo unit in downtown Traverse City, scheduled for completion in March 2026; C‑4c zoning, suitable for retail businesses; Year built: 2026
