Single-Tenant Retail
For Sale
$899,000
204 E Front Street, Traverse City, MI 49684
Fully leased single-tenant storefront with NNN structure, open sales floor, fitting rooms, rear storage, and private restroom.
Property Size2,000 SF
Price / SF$449.50
Days on Market211
Property Features for 204 E Front Street
General Information
Standard status
Active
Size
2,000 SF
Property subtype
Industrial
Zoning
C-4B
Occupancy
100%
Additional Details
Cap Rate
6.81%
Amenities
3
102165
Building Details
Year Built
1873
Tenancy
Single
Listing Agency:
(231) 499-0529
Listed By:
Coldwell Banker Schmidt Traverse City
(231) 499-0529
Source:
Xome
Added: Jan 12
Changed: Aug 8
Last Checked: Aug 11 at 5:41AM
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
Investment Insights
Based on property information with market context.
This single-tenant retail condominium is fully leased under a new 5-year NNN structure. The storefront includes an open sales floor, fitting rooms, rear storage, and a private restroom, supporting straightforward day-to-day retail operations.
Located directly on Front Street in the heart of downtown Traverse City, the unit benefits from high visibility within an active retail block. The property is positioned within C-4B zoning, which allows for a wide range of permitted uses.
Offered for sale as condominium ownership, the property provides predictable, hands-off cash flow through the existing tenant and NNN lease terms.
Located directly on Front Street in the heart of downtown Traverse City, the unit benefits from high visibility within an active retail block. The property is positioned within C-4B zoning, which allows for a wide range of permitted uses.
Offered for sale as condominium ownership, the property provides predictable, hands-off cash flow through the existing tenant and NNN lease terms.
Key Highlights
- Single‑tenant retail condominium on Front Street in downtown Traverse City
- Fully leased under a new 5‑year NNN lease to Serendipity
- ~2,000 SF storefront with an open sales floor, fitting rooms, rear storage, and a private restroom
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,085
Businesses Nearby
40k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 41%
Hotels & Casinos 35%
Dining 11%
Groceries 6%
Delamar Traverse City
Hotels & Casinos
8,479 visits/mo
0.4 miles
Chase Bank
Shops & Services
6,517 visits/mo
0.0 miles
Hotel Indigo Traverse City
Hotels & Casinos
5,501 visits/mo
0.4 miles
Fifth Third Bank & ATM
Shops & Services
5,224 visits/mo
0.3 miles
Shell
Shops & Services
4,298 visits/mo
0.4 miles
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
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Darling Botanical Company — 144 Hall St, Traverse City, MI 49684
- Mourning Wreaths — 617 e state st, traverse city, mi 49686
- The Flower Station — 341 W Front St, Traverse City, MI 49684
Frequently Asked Questions
What type of property is this?
Storefront property - Fully leased single-tenant storefront with NNN structure, open sales floor, fitting rooms, rear storage, and private restroom.
Where is this storefront property located?
The property is located at 204 E Front Street Traverse City, MI.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Single‑tenant retail condominium on Front Street in downtown Traverse City; Fully leased under a new 5‑year NNN lease to Serendipity; ~2,000 SF storefront with an open sales floor, fitting rooms, rear storage, and a private restroom
