E 204 E Front Street Unit SourceFi Traverse City, MI 49684

Building Details

Year Built

1873

Listing Agency a***@cbsrcommercial.com Show Phone

Listed by Coldwell Banker Schmidt Traverse City Show Phone

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Added: Jan 11 Checked: Jul 18 at 2:29 am

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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.

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

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FAQs

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 E 204 E Front Street Unit SourceFi 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