Technical
Financial
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Property profile

140 Front St Traverse City, MI 49684

OFF-MARKET
Retail properties & Spaces
5,610 SF
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Property summary

AI-generated overview

This exceptional retail and office space, located at 140 E Front St, Traverse City, MI 49684, offers a unique opportunity in a vibrant downtown setting. The property boasts a total of 5,610 square feet, ideal for a single tenant seeking a prominent presence. Situated on Front Street, between Cass and Union Streets, this location benefits from high foot traffic and visibility within Traverse City's bustling commercial district. The property is zoned C-4B Commercial, allowing for a variety of uses. The building's charming character complements the historic architecture of the surrounding area, creating an attractive environment for businesses and customers alike. The lease for this property expires on June 6th, 2033, providing long-term stability for the tenant. The property's APN is 51-794-046-00. This is an unparalleled chance to establish or expand your business in one of Michigan's most desirable locations, surrounded by numerous shops, boutiques, galleries, and restaurants. The picturesque setting, with its seasonal beauty, enhances the overall appeal and creates a memorable experience for visitors. Don't miss this chance to secure a prime location in the heart of Traverse City.

Property profile

Verified
Property type Retail properties & Spaces
Total area 5,610 SF

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
  • (Bike/Boat/Book/etc) Store Arcade & Gaming Center
  • Home Decor Store (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store
  • Marketing & Advertising Advertising Agency

Location

140 Front St Traverse City, MI 49684
Traverse City metro
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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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