309 Front St Traverse City, MI 49684
This exceptional Class A retail space, located at 309 W Front St in Traverse City, MI, offers 3,420 square feet of prime commercial real estate within a newly constructed, four-story mixed-use building. Completed in 2023, the building boasts a total of 89,430 square feet and sits on a 0.99-acre lot. The property features one building with four stories and is zoned C-4C (APN: 28-51-794-001-01). This unit offers stunning features including tall ceilings and floor-to-ceiling windows, maximizing natural light. The space is ideally suited for a restaurant, with Suite A providing captivating Boardman River views. Located in the vibrant West end of downtown Traverse City, this property benefits from high visibility and excellent street access via W Front Street. Leases are offered on a triple net (NNN) basis with a minimum five-year term. The property is ready for immediate occupancy. This is a rare opportunity to secure a prominent retail location in a thriving downtown area. Don't miss out on this chance to establish your business in a dynamic and desirable setting.
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Jay Zelenock Law Firm PLC Law Firm
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Thompson O'Neil Law Law Firm
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Northern Financial Management Financial Advisor
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.