1054 Front St Traverse City, MI 49686
- Land
- 1.24 lot acres
Current Use by Public Records
- Burger King / Restaurant / Fast Food Restaurant
Property Details for 1054 Front St
- Lot size
- 1.24 lot acres
- Property type
- Land
Description
This exceptional 1.24-acre commercial land parcel presents a significant redevelopment opportunity in Traverse City, Michigan. Located at the southwest corner of East Front Street (US-31) and Garfield Road, this property boasts a highly visible location with exceptional daily traffic volume exceeding 40,000 vehicles. The site is zoned C-3 Community Center District, allowing for a multitude of uses, with a maximum building height of 45 feet and an 80% impervious surface maximum. The property includes two existing buildings: a 3,726 square foot structure built in 2001 on approximately one acre, and a 728 square foot building constructed in 1976 and remodeled in 1994, situated on 0.24 acres. The combined parcel features a total area of 1.24 acres and is currently vacant, offering a blank canvas for a diverse range of development projects. Its proximity to West Grand Traverse Bay and downtown Traverse City further enhances its desirability. The property's APN is 28-51-558-004-00, 002-00. The asking price is $2,850,000. This is a rare opportunity to acquire a prime commercial property in a thriving Michigan location. The property is privately owned and is classified as Class B.
Value Estimation
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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
- -85.5953
- Latitude
- 44.7642
