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120 Park Street Traverse City, MI $ 1,350,000
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$ 1,350,000 Get more info
120 Park Street
$ 1,350,000
Back to search
Share Save

120 Park Street

Traverse City, MI, 49684
$ 1,350,000
Bedrooms-- Baths3.0 Sq 3,500

Monthly Estimate*

$ 8,422

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Commercial Property for sale in Traverse City, MI

for $1,350,000 with 3 full baths. This 3,500 square foot building was built in 1956 on a lot size of 0.17.

Spectacular development parcel located in the heart of Downtown Traverse City. Property zoned C4-C allowing for maximum height and density. Existing building was being used as a micro brewery and could be re-established, turned back to restaurant as hoods, vents and walk in cooler are included. Would make a great office building, retail store or prime for redevelopment as the building lot is 7,392 sq.ft. with minimum setbacks and no parking required.

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Commercial Active

Price

$ 1,350,000

Full Bath

3

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.17

Year Built

1956

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

1929579
Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas
Cooling Central Air
Possession Negotiable
Roof Membrane
Construction Materials Block Steel Siding
Year Built 1956
Township Traverse City
Property Subtype Mixed Use
Business Type Food & Beverage Health Services Professional/Office Retail Other Bar/Tavern/Lounge
Accessibility Accessible Doors Main Floor Access Accessible Entrance Bathroom Sink Grip-Accessible Features
Assoc Fee Paid Per Annually
Business Name None
County Grand Traverse
New Construction N
Property Type Commercial Sale
Attached Garage N
Subdivision Name None
Garage Y/N N
Building Features 12ft Ceiling Height
Rent Includes None
Status Extend
Directions Downtown Traverse City. West side of Park Street between State and Front
City Traverse City
Zoning Description Commercial
Lot Size Units Acres
Lot Size Square Feet 7405.2
Carport Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Lease Considered Y/N N
Living Area Units Square Feet
Standard Status Active
Tax Assessed Value 501842
Ownership Type Corporation
Lease Amount Frequency Annually
Legal Description N 56 FT OF LOTS 11 & 12 BLK 6 ORIG PLAT
Freehold IDX
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Interior
Basement Partial Finished Rooms Interior Entry
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Total Baths 3
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Exterior
Parking Features Paved Parking Lot
Lot Features Corner Lot Freestanding
Water Source Public
Lot Size Area 0.17
Foundation Details Block
Spa N
Lot Dimensions 56X132
Lot Size Acres 0.17
Road Surface Type Asphalt
Other Parking Paved Parking Lot
Waterfront Y/N N
Road Responsibility Public Maintained Road
Horse Y/N N
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* Excluded Features
List By
Twin Bay Properties, Llc

Broker

(231) 357-7800

Phone

Affordability Calculator

$8,422
Per Month
100%
0%
0%
Monthly Principal & Interest
$8,422
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
2034270 Elementary School
2034440 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
12/11/2024$1,350,000 Listed Price

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120 Park Street, Traverse City, MI, 49684 is a Commercial Property for sale at $1,350,000 with 3,500 sqft and a lot size of 0.17. 120 Park Street has 3.0 baths and was built in 1956. The property's zip code is 49684 which is in Traverse City, MI

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