Technical
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Property profile

305 Front St Traverse City, MI 49684

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional 3,000 square foot retail space is situated at a prime downtown Traverse City location on the corner of Front and Pine Streets, boasting over 10,000 vehicles passing daily. Its strategic placement offers maximum exposure, being just two blocks from The Open Space and across the river from the historic warehouse district, placing it within Traverse City's vibrant Loop, attracting over three million annual visitors. The space features a modern design with floor-to-ceiling windows along Pine Street, maximizing natural light and visibility. High 13-foot ceilings contribute to an open and airy feel, ideal for a variety of retail uses. The property is zoned C-4c and has an APN of 28-51-794-001-00 in Grand Traverse County. This multi-tenant building offers a unique opportunity to establish a presence in one of Michigan's fastest-growing tourist destinations, benefiting from high foot and vehicle traffic. The open floor plan provides flexibility for tenant build-out, while the abundant natural light creates an inviting atmosphere. This is an exceptional opportunity for a business seeking high visibility and a strong location within a thriving community.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency
  • Hardware & Home Improvement Building Supply
  • Physician
  • Medical Clinic
  • Physician

Location

305 Front St Traverse City, MI 49684
Traverse City metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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