424 Front St Traverse City, MI 49686

Property Details for 424 Front St

Year built

1936

Lot size

0.18 lot acres

Property size

2,538 SF

Property type

Office Properties & 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