118 E Front Street Traverse City, MI ^$ 3,200,000

118 E Front Street

^$ 3,200,000

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118 E Front Street

Traverse City, MI, 49684

^$ 3,200,000

Studio Baths0.0 Sq 9,045

Monthly Estimate*

^$ 22,353

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118 E Front Street, Traverse City, MI 49684 - Image 3

118 E Front Street, Traverse City, MI 49684 - Image 4

118 E Front Street, Traverse City, MI 49684 - Image 5

118 E Front Street, Traverse City, MI 49684 - Image 6

118 E Front Street, Traverse City, MI 49684 - Image 7

118 E Front Street, Traverse City, MI 49684 - Image 8

118 E Front Street, Traverse City, MI 49684 - Image 9

118 E Front Street, Traverse City, MI 49684 - Image 10

118 E Front Street, Traverse City, MI 49684 - Image 11

118 E Front Street, Traverse City, MI 49684 - Image 12

118 E Front Street, Traverse City, MI 49684 - Image 13

118 E Front Street, Traverse City, MI 49684 - Image 14

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Studio

Commercial Property for sale in Traverse City, MI

for $3,200,000. This 9,045 square foot building was built in 1900 on a lot size of 0.1.

THE ICONIC WURZBURG BUILDING IS NOW ON THE MARKET! Located on the most desirable 2 blocks of downtown Traverse City with over 9,000 SF between 3 floors. Handsome facade of natural wood with bay windows extended onto Front Street and a designated crosswalk in front of the building. The brick exteriors and interior add to the charm of this architectural gem. The brick interior walls could be rerevealed. With 10ft + ceilings it is prime for developing the upper floors. The full basement, not included in the 9045 SF, provides storage and space for mechanicals. There are (3) private parking spaces sitting behind the building. Ample parking exists behind the building in both metered lots and parking spaces. The space is zoned C-4Bfor commercial or residential use.

Commercial Active

Price

^$ 3,200,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Commercial/Industrial

Lot Size

0.1

Year Built

1900

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

80011735

Features

General

Heating Hot Water

Cooling Central A/C

Possession Subject To Tenant Rights

Water Public Water

Status Active Active

Year Built 1900

Subdivision None MI

County Grand Traverse

Class COM/IND/BUS OPP

Type Commercial/Industrial

Business Name None

Percent Ownership Private

Municipality Traverse City

Section 3

Zoning Professional Office Commercial Residential

Area Traverse City (28021)

Primary City Traverse City

Directions South side of E Front St between Union St and Cass St.

City Traverse City

Street Name Front

Financial Terms Cash Commercial Loan Conventional

Legal Description THE 27.25 FT NEXT E OF THE W 12.97 FT OF LOT 4 BLOCK 5 ORIGINAL PLAT EXC PARTY WALL RIGHTS

DOM 211

Postal Code 49684

Price Per Sq Ft 353.79

Coming Soon THE ICONIC WURZBURG BUILDING IS NOW ON THE MARKET! Located on the most desirable 2 blocks of downtown Traverse City with over 9

Exterior

Exterior Brick Wood

Lot Size Area 0.1

Lot Dimensions 27X165

Interior

Fuel Type Natural Gas

* Excluded Features

List By

David Frost

Listing Agent

Three West, Llc

Broker

dfrost@threewest.com

Affordability Calculator

$22,353

Per Month

Monthly Principal & Interest: $22,353
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 ^$579,344

Percent of Sale Price 82%

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.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/2/2023	$3,200,000		Listed Price

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118 E Front Street, Traverse City, MI, 49684 is a Commercial Property for sale at $3,200,000 with 9,045 sqft and a lot size of 0.1. 118 E Front Street is a studio with 0.0 baths and was built in 1900. 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.

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118 E Front Street

Commercial Property for sale in Traverse City, MI

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