1010 E Front Street Traverse City, MI ^$ 2,300,000

1010 E Front Street

^$ 2,300,000

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Recently Listed

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 roomsÃ¢â¬â17 guest rooms plus a dedicated managerÃ¢â¬â¢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.

Commercial Active

Price

^$ 2,300,000

Property Type

Commercial

Taxes

^$ 0

Style

Business

Lot Size

0.49

Year Built

1955

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

80065230

Features

General

Heating Forced Air

Cooling Central A/C

Possession At Close

Roof Asphalt

Water Public Water

Status Active Active

Year Built 1955

Parking Parking Lot

Subdivision Grand Traverse Motel

County Grand Traverse

Class COM/IND/BUS OPP

Type Business

Business Name Grand Traverse Motel

Ownership Private

Municipality Traverse City

Section 2

Zoning Professional Office Commercial

Sale/Rent For Sale

Status Detail 0

Area Traverse City (28021)

Location Corner Lot

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

Financial Terms Cash Commercial Loan Exchange/Trade

Legal Description partial from tax record: LOTS 11 & 12 EDNA PARK

DOM 5

Price Per Sq Ft Total AG 285.29

Public Remarks The Grand Traverse Motel is a highly visible

Exterior

Exterior Frame Wood

Lot Size Area 0.49

Lot Dimensions 131' x 165'

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Daniel Stiebel

Listing Agent

Coldwell Banker Schmidt Traverse City

Broker

dan@realestatetc.com

Affordability Calculator

$14,161

Per Month

Monthly Principal & Interest: $14,161
Monthly Property Taxes: --
Monthly Home Insurance: --

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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

Trends
Schools

Commerical listings in Traverse City, MI

Average List Price ^$655,039

Percent of Sale Price 72%

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
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

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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1010 E Front Street

Commercial Property for sale in Traverse City, MI

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