1150 Hammond Traverse City, MI $ 775,000
1150 Hammond
$ 775,000
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1150 Hammond

Traverse City, MI, 49686
$ 775,000
Baths0.0 Sq 1,227

Monthly Estimate*

$ 5,414

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Studio

Commercial Property for sale in Traverse City, MI

for $775,000. This 1,227 square foot building was built in 1976 on a lot size of 8.28.

Don't miss the chance to capitalize on this exciting opportunity and make your mark in this prospering location. Hammond Road offers the convenience of gas and sewer hook-ups readily available. Additionally, water connections are conveniently accessible on the West side of the lot, facilitating seamless development. Underground electric is also available, ensuring a smooth transition for your development. Nestled within this remarkable parcel, you'll find a charming 3-bedroom, 1-bath home, complete with an attached 2-car garage. This dwelling can serve as an ideal rental property, generating income during your planning stages and providing flexibility throughout your development journey. This location is zoned EAST BAY CORNERS with retail, restaurants, offices, residential with commercial main floor. Commercially zoned parcel with 8.28 Acres. Located in Grand Traverse County, East Bay Township. High traffic area just South East of the corner of Three Mile and Hammond. Parcel is adjacent to Oleson's shopping plaza and has 560 ft of Hammond Road frontage. Please contact East Bay Twp Zoning to discuss zoning requirements http://www.eastbaytwp.org/

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Commercial Active

Price

$ 775,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 2,083

Style

Commercial/Industrial

Lot Size

8.28

Year Built

1976

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

80010689

Features
General
Heating Forced Air
Possession Negotiable (Possession)
Roof Asphalt
Water Public Water
Status Active Accepting Backup Offers
Year Built 1976
Subdivision N/A
County Grand Traverse
Class COM/IND/BUS OPP
Type Commercial/Industrial
Business Name N/A
Percent Ownership Private
Municipality East Bay Twp
Section 29
Zoning Multi-Family Professional Office Commercial Residential
Area East Bay Twp (28003)
Directions On the South East side of 3 Mile and Hammond - sides up to Olsen's Food Center
City Traverse City
Street Name Hammond
Financial Terms Cash Commercial Loan Conventional Purchase Money MTG
Legal Description COMM 707' E OF NW COR OF SEC 29 FOR POB TH S 644' TH E 560.35' TH N 644' TH W 560.35' TO POB SEC 29 T27N R10W 8.28 A M/L
DOM 235
Price Per Sq Ft 631.62
Coming Soon
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Exterior
Exterior Frame Vinyl Siding
Lot Size Area 8.28
Lot Dimensions 560 x 655
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Interior
Fuel Type Natural Gas
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* Excluded Features
List By
Kimberly Larkins

Listing Agent

Reo-Tcfront-233021

Broker

jklarkins@realestateone.com

Email

Affordability Calculator

$5,587
Per Month
97%
3%
0%
Monthly Principal & Interest
$5,414
Monthly Property Taxes
$174
Monthly Home Insurance
--
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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/1/2023$775,000 Listed Price

Map


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1150 Hammond, Traverse City, MI, 49686 is a Commercial Property for sale at $775,000 with 1,227 sqft and a lot size of 8.28. 1150 Hammond is a studio with 0.0 baths and was built in 1976. The property's zip code is 49686 which is in Traverse City, MI