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1054-1060 E Front St
Traverse City, MI 49686
Land For Sale · 1.24 AC

Investment Highlights

  • Large Corner Location
  • Redevelopment Opportunity
  • 1960 - 728 SF / .24 AC / Built 1976 / Remodel 1994
  • 50,000 Cars Per Day
  • 1054 - 3726 SF / 1 AC / Built 2001

Executive Summary

In Commercial Real Estate, it's all about location, location, location. There are only a few true marquee corners in a real estate market, and this is one of them. This 1.24 Acre property is located at the SW corner of E Front Street (US-31) and Garfield Road intersection. These two roads are both main feeder's that converge and funnel approx. 50,000 cars per day into Traverse City from the East and the South. Zoned C-3 Community Center District, this property has a multitude of allowable uses with a max building height of 45' and an 80% Impervious Surface maximum.
Just a few minute walk or quick bike ride to West Grand Traverse Bay or Downtown Traverse City.

Property Facts

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 1.24 AC
Zoning C3 Community Center

1 Lot Available

Lot

Price $3,651,647 CAD
Price Per AC $2,944,876.60 CAD
Lot Size 1.24 AC

Southwest corner of the intersection of E Front St and Garfield Ave.

Description

In Commercial Real Estate, it's all about location, location, location. There are only a few true marquee corners in a real estate market, and this is one of them. This 1.2 Acre property is located at the SW corner of E Front Street (US-31) and Garfield Road intersection. These two roads are both main feeder's that converge and funnel approx. 50,000 cars per day into Traverse City from the East and the South. Zoned C-3 Community Center District, this property has a multitude of allowable uses with a max building height of 45' and an 80% Impervious Surface maximum. Just a few minute walk or quick bike ride to West Grand Traverse Bay or Downtown Traverse City.

  • Listing ID: 26488269

  • Date on Market: 2022-08-25

  • Last Updated:

  • Address: 1054-1060 E Front St, Traverse City, MI 49686

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