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1054-1060 E Front St

1.24 Acres of Commercial Land Offered at $2,850,000 in Traverse City, MI 49686

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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.

1054-1060 E Front Sale Brochure

Property Facts

Price	$2,850,000	Property Type	Land
Sale Type	Investment or Owner User	Property Subtype	Commercial
No. Lots	1	Total Lot Size	1.24 AC

Price	$2,850,000
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Total Lot Size	1.24 AC

1 Lot Available

Lot

Price	$2,850,000	Lot Size	1.24 AC
Price Per AC	$2,298,387

Price	$2,850,000
Price Per AC	$2,298,387
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.

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