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1010 E Front Street Traverse City, MI $ 2,300,000
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$ 2,300,000 Get more info
1010 E Front Street
$ 2,300,000
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1010 E Front Street

Traverse City, MI, 49686
$ 2,300,000
Bedrooms-- Baths-- Sq 8,062

Monthly Estimate*

$ 14,161

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Commercial Property for sale in Traverse City, MI

for $2,300,000. This 8,062 square foot building was built in 1955 on a lot size of 0.49.

The Grand Traverse Motel is a highly visible, well-located motel positioned on a corner lot on Front & Gilbert less than one mile east of downtown Traverse City. Originally built in 1955 and most recently renovated in 2018, the property features 18 total rooms—17 guest rooms plus a dedicated manager’s suite. Its central location near public beach access and downtown Traverse City makes it an attractive opportunity as visitors to the area continue increasing. This 8,062 SF motel sits on approximately 0.49 acres with about 131 feet of frontage along busy Munson Avenue, offering exceptional exposure and easy parking. Do not to call the motel or speak to the employees.

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Commercial Active

Price

$ 2,300,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.49

Year Built

1955

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

1942072
Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas
Cooling Central Air
Possession Close Of Escrow
Roof Asphalt
Construction Materials Frame Wood Siding
Year Built 1955
Township Traverse City
Property Subtype Hospitality
Business Type Recreation
Accessibility Main Floor Access
Assoc Fee Paid Per Annually
Business Name Grand Traverse Motel
County Grand Traverse
New Construction N
Property Type Commercial Sale
Attached Garage N
Subdivision Name Grand Traverse Motel
Garage Y/N N
Building Features None
Rent Includes None
Status Active
Directions 1010 E Front St sits on the corner of Gilbert St and E Front Street just under a mile from Downtown Traverse City.
City Traverse City
Zoning Description Office Retail Commercial Restaurant/Food Motel/Hotel
Lot Size Units Acres
Lot Size Square Feet 21344.4
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 539406
Ownership Type Private Owner
Lease Amount Frequency Annually
Legal Description partial from tax record: LOTS 11 & 12 EDNA PARK
Year Built Effective 2018
Freehold IDX
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Exterior
Parking Features Paved Parking Lot
Lot Features Corner Lot Freestanding
Water Source Public
Lot Size Area 0.49
Foundation Details Slab
Spa N
Lot Dimensions 131' x 165'
Lot Size Acres 0.49
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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Interior
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
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* Excluded Features
List By
Coldwell Banker Schmidt Traverse City

Broker

Off: 231-922-2350

Contact

Affordability Calculator

$14,161
Per Month
100%
0%
0%
Monthly Principal & Interest
$14,161
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
2/4/2026$2,300,000 Listed Price

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1010 E Front Street, Traverse City, MI, 49686 is a Commercial Property for sale at $2,300,000 with 8,062 sqft and a lot size of 0.49. 1010 E Front Street was built in 1955. The property's zip code is 49686 which is in Traverse City, MI

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