Current Use by Public Records
- Folgarelli's Market & Wine Shop / Food Market / Restaurant
- Mid-American Title / Escrow Service / Insurance Company
- Komrska’s Christmas Trees / Christmas Tree Farm
Property Details for 424 Front St
- Year built
- 1936
- Lot size
- 0.18 lot acres
- Property type
- Office Spaces
- Property subtype
- Land
Description
This exceptional commercial property, located at 424 E Front Street in Traverse City, Michigan, presents a unique investment opportunity. The 2,538 square foot building, constructed in 1936 and renovated in 2017, sits on a 0.18-acre lot and boasts 20 parking spaces. Currently configured as an office space, the building features two conference rooms, an ADA-accessible half bathroom, a kitchenette, a sizable reception/waiting area, and seven individual offices—three of which offer stunning water views. A substantial basement provides ample storage. The property benefits from high visibility on East Front Street, between Boardman Avenue and Wellington Street, with over 5,000 vehicles passing daily. Its proximity to Bubbas Restaurant and the river ensures high foot traffic. The building's versatile layout and dual addresses/frontages offer numerous redevelopment possibilities. The current commercial zoning permits up to four stories, allowing for significant expansion and future development potential. Enjoy unobstructed views of West Bay. The asking price is $1,450,000 ($571.32 per square foot). Further zoning information can be found at www.traversecitymi.gov/government/city-departments/planning-and-zoning/. Showings are by appointment only. The property is for sale only
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Traverse City
- County
- Grand Traverse
- State
- Michigan
- Longitude
- -85.6146
- Latitude
- 44.7639
