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Property profile & analytics
OFF-MARKET
Specialty properties

1024 Front St Traverse City, MI 49686

1,098 SF 0.13 ac lot Built 1928
Property ID
Property summary
AI-generated overview

This exceptional 1,098 square-foot creative office building, situated on a 0.13-acre lot in Traverse City's vibrant Hotel Resort District, presents a unique investment opportunity. Built in 1928, this two-story structure boasts a single-tenant occupancy and is completely occupied. The property features a bright interior with a blend of hardwood and laminate flooring, enhancing its aesthetic appeal. Recent renovations include an updated kitchen, providing a functional and modern workspace. Two bathrooms add convenience for employees and clients. A detached garage offers additional storage or workspace, a valuable asset for many businesses. The building's location at 1024 E Front Street, near the cross streets of E Front and Garfield, ensures high visibility and accessibility. With three or more parking spaces available, client and employee parking is readily accommodated. The property is zoned for a wide range of commercial uses within the Traverse City Hotel Resort District, offering flexibility for various business types. This is an exceptional opportunity to acquire a well-maintained, historically significant commercial property in a thriving Michigan tourist destination. The absence of elevators should be noted.

Property profile
Verified
Property type Specialty properties
Year built 1928
Total area 1,098 SF
Lot 0.13 ac (5,663 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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