204 E Front St Traverse City, MI 49684

Listing agency Coldwell Banker Schmidt Traverse City a***@cbsrcommercial.com Show Phone

Listed by Alex MacKenzie · License #6501406999 Show Phone

Source Exprealty

Added: Jan 13 Updated: Jul 21 at 1:58PM Checked: Jul 21 at 1:58PM

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Investment Insights

Based on property information with market context.

This single-tenant retail condominium is fully leased under a new five-year NNN lease to Serendipity. The approximately 2,000 SF storefront includes an open sales floor, fitting rooms, rear storage, and a private restroom, arranged for efficient retail operations within a dedicated unit.

The property is located directly on Front Street in downtown Traverse City, within one of the area’s most active retail blocks. It is supported by C-4B zoning, which allows for a wide range of permitted uses.

Condominium ownership with a triple-net lease structure provides predictable, hands-off income for investors seeking durable downtown retail exposure.

Key Highlights

• Single‑tenant retail condominium on Front Street in downtown Traverse City, fully leased on a new 5‑year NNN lease.
• ~2,000 SF storefront with an open sales floor, fitting rooms, rear storage, and a private restroom.
• True triple‑net lease structure with predictable, hands‑off cash flow.

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FAQs

What type of property is this?

Storefront property - Single-tenant retail condominium with an open sales floor, fitting rooms, rear storage, and private restroom on Front Street.

Where is this storefront property located?

The property is located at 204 E Front St 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 on a new 5‑year NNN lease.; ~2,000 SF storefront with an open sales floor, fitting rooms, rear storage, and a private restroom.; True triple‑net lease structure with predictable, hands‑off cash flow.