630 Fourteenth Street Traverse City, MI ^$ 3,900,000

630 Fourteenth Street

^$ 3,900,000

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630 Fourteenth Street

Traverse City, MI, 49684

^$ 3,900,000

Studio Baths0.0 Sq 3,928

Monthly Estimate*

^$ 27,243

630 Fourteenth Street, Traverse City, MI 49684 - Image 1

630 Fourteenth Street, Traverse City, MI 49684 - Image 2

630 Fourteenth Street, Traverse City, MI 49684 - Image 3

630 Fourteenth Street, Traverse City, MI 49684 - Image 4

Studio

Commercial Property for sale in Traverse City, MI

for $3,900,000. This 3,928 square foot building was built in 1974 on a lot size of 1.25.

Spectacular High Exposure Development Parcel located at the Northeast corner of US-31 (Division Street) and Fourteenth street. Existing 4,000 sq ft building (formally Fifth Third Bank) has been extensively remodeled. Property has been re-zoned to C-2 allowing for a verity of commercial uses. Entire parcel contains 19 city lots encompassing an entire city block. Keep the existing building and build an additional building or tear down and develop the entire block. Deed restriction in place prohibiting any financial institution activity for six more years.

Commercial Active

Price

^$ 3,900,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Retail/Commercial

Lot Size

1.25

Year Built

1974

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

1914940

Features

General

Roof Asphalt

Zoning Commercial

Sewer Municipal

Construction Frame

Energy Efficient Not Applicable

Interior

Basement Poured Concrete Wood Slab

Exterior

Exterior Features Brick

* Excluded Features

List By

Twin Bay Properties, Llc

Broker

(231) 357-7800

Phone

Affordability Calculator

$27,243

Per Month

Monthly Principal & Interest: $27,243
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Traverse City, MI

Average List Price ^$575,606

Percent of Sale Price 85%

About Traverse City, MI

15,817 Population

7% Since 2002

^$49,237 Median Income

41.86 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2034270 Elementary School

2034440 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/24/2023	$3,900,000		Listed Price

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630 Fourteenth Street, Traverse City, MI, 49684 is a Commercial Property for sale at $3,900,000 with 3,928 sqft and a lot size of 1.25. 630 Fourteenth Street is a studio with 0.0 baths and was built in 1974. The property's zip code is 49684 which is in Traverse City, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright © Northern Great Lakes REALTORS® MLS. All Rights Reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Northern Great Lakes REALTORS® MLS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/30/2024.

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630 Fourteenth Street

Commercial Property for sale in Traverse City, MI

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