841 E Front Street # 849 E Front St Traverse City, MI ^$ 6,999,900

841 E Front Street # 849 E Front St

^$ 6,999,900

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841 E Front Street # 849 E Front St

Traverse City, MI, 49686

^$ 6,999,900

Studio Baths0.0

Monthly Estimate*

^$ 43,670

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Studio

Lots and Land for sale in Traverse City, MI

for $6,999,900. The lot size is 1.41.

Waterfront! Incredible opportunity for a commercially zoned waterfront development site within walking distance to downtown Traverse City and brand new tennis/pickleball courts and shuffleboard at the public Senior Center beach. 132' on West Grand Traverse Bay offers unparalleled sweeping views of Old Mission, Leelanau, Power Island, Maritime Academy and downtown. HR zoning allows for hotel, restaurant, bar, condominiums and short term rentals. Deep lot totaling 1.41 acres makes this an ideal redevelopment opportunity. No value in existing structures.

Lots and Land Active

Price

^$ 6,999,900

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 0

Style

Vacant Land

Lot Size

1.41

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

80053839

Features

General

Possession At Close

Water Public Water

Status Active Active

Subdivision Terrace Beach Motel MI

County Grand Traverse

Class VACANT LAND

Type Vacant Land

Ownership Private

Municipality Traverse City

Section 2

Zoning Multi-Family Commercial

Sale/Rent For Sale

Status Detail 0

Utilities Cable Available Electricity Available Natural Gas Available Phone Available Sewer Available Sewer Connected Water Available Water Connected Satellite Services

Area Traverse City (28021)

Primary City Traverse City

Directions On water side of East Front Street across from Bay Area Pet Hospital and adjacent to Bay Shore Resort.

City Traverse City

School District Traverse City Area Public School

Financial Terms Cash Conventional

Legal Description Partial from tax record: LOT 11 & 12 BLOCK B HANNAH LAY & CO'S 7TH ADD

DOM 309

Postal Code 49686

Price Per Sq Ft Total AG 4964468.09

Public Remarks

Exterior

Frontage 132

Body of Water West Bay

Lot Size Area 1.41

Lot Dimensions 132x460

Lot Description Sidewalks

Water Features Water View Waterfront Great Lake Sandy Bottom

Waterfront Y/N Yes

Frontage Type Water

* Excluded Features

List By

Daniel Stiebel

Listing Agent

Coldwell Banker Schmidt Traver

Broker

dan@realestatetc.com

Affordability Calculator

$43,670

Per Month

Monthly Principal & Interest: $43,670
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Lots and land listings in Traverse City, MI

Average List Price ^$376,215

Percent of Sale Price 95%

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.

3769590 Elementary School

3769595 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/28/2025	$6,999,900		Listed Price

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841 E Front Street # 849 E Front St, Traverse City, MI, 49686 is a Lots and Land for sale at $6,999,900 with a lot size of 1.41. 841 E Front Street # 849 E Front St is a studio with 0.0 baths. The property's zip code is 49686 which is in Traverse City, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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841 E Front Street # 849 E Front St

Lots and Land for sale in Traverse City, MI

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