Mixed-Use Building with Residential
New
For Sale
$4,750,000
161 E Front Street, Traverse City, MI 49684
Four residences sit above two open commercial levels, with the first floor and lower level offered for lease or condominium sale.
Property Size8,240 SF
Price / SF$560.14
Days on Market4
Property Features for 161 E Front Street
General Information
Standard status
Active
Size
8,240 SF
Property subtype
Mixed Use
Additional Details
Corner Location
Yes
Amenities
deck
Building Details
Building Size
8,240 SF
Year Built
1900
Buildings
1
Listing Agency:
Coldwell Banker Schmidt Traverse City
Listed By:
Daniel Stiebel
Source:
Themittengroup
Added: Oct 21
Changed: Oct 23
Last Checked: Oct 23 at 4:36AM
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 Coldwell Banker Schmidt Traverse City
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Investment Insights
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This mixed-use building places four residential units on the second floor above open commercial areas. The main floor and lower level each provide 4,240 square feet. A deck extends from the main level, while the lower floor has a separate entrance on the river-facing side. The first floor and lower level are available for lease or as a condominium unit.
At the corner of Front and Cass streets in downtown Traverse City, the property overlooks the Boardman River. The building dates to 1900.
At the corner of Front and Cass streets in downtown Traverse City, the property overlooks the Boardman River. The building dates to 1900.
Key Highlights
- Four residential units occupy the second floor
- 4,240 square feet on the main level, with a deck overlooking the Boardman River
- 4,240 square feet on the lower level, with a separate entrance on the river side
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,080
Businesses Nearby
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Business Placement
Demographics for 49684, MI
22,025
Population
10,959
Households
2
Avg Household Size
49
Median Age
46%
College-Educated
96%
High-School Grad
52.8 sq mi
ZIP Area
417
Density / Sq Mi
$75,678
Median Household Income
$39,553
Median Earnings
$1,216
Median Rent
$375,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Four residences sit above two open commercial levels, with the first floor and lower level offered for lease or condominium sale.
Where is this mixed-use property located?
The property is located at 161 E Front Street Traverse City, MI.
What is the asking price?
The asking price for this property is $4,750,000.
What are key features of this property?
This property features: Four residential units occupy the second floor; 4,240 square feet on the main level, with a deck overlooking the Boardman River; 4,240 square feet on the lower level, with a separate entrance on the river side
