1040 E Front Street Traverse City, MI ^$ 1,198,000

1040 E Front Street

^$ 1,198,000

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1040 E Front Street

Traverse City, MI, 49686

^$ 1,198,000

Bedrooms-- Baths-- Sq 1,864

Monthly Estimate*

^$ 7,474

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Commercial Property for sale in Traverse City, MI

for $1,198,000. This 1,864 square foot building was built in 1981 on a lot size of 0.63.

Here is an opportunity to purchase and develop a large 0.63 Acre commercial parcel on US-31 at the gateway to beautiful downtown Traverse City, one of the country's most desirable Midwest locations. US-31 is the main East-West Corridor through the Grand Traverse Region, known for its beaches on crystal blue waters, wineries, breweries, restaurants and many outdoor activities. The property consists of three separate lots, two vacant and one with an existing office building remaining. Also available as vacant 0.38 AC for $399,000 and 0.25 AC with the 1864 SF office building at $799,000. The adjacent property is also available for sale for an additional 1.25 Acres of land that can be combined with this offering for a major development piece.

Commercial Active

Price

^$ 1,198,000

Property Type

Commercial

Taxes

^$ 0

Style

Business

Lot Size

0.63

Year Built

1981

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

80010770

Features

General

Heating Forced Air

Cooling Central A/C

Possession At Close

Roof Asphalt

Water Public Water

Status Active Active

Year Built 1981

Parking Parking Lot

Subdivision none

County Grand Traverse

Class COM/IND/BUS OPP

Type Business

Business Name none

Ownership Private

Municipality Traverse City

Section 2

Zoning Professional Office Commercial

Sale/Rent For Sale

Status Detail 0

Area Traverse City (28021)

Directions South side of E Front St between Garfield Ave and Gilbert Ave.

City Traverse City

Financial Terms Cash Commercial Loan Conventional

Legal Description 1040-LOT 6 EDNA PARK ADD 1028-LOT 7 EDNA PARK ADD 1026-E 1/2 OF LOT 8 EDNA PARK ADD

DOM 841

Price Per Sq Ft Total AG 642.7

Public Remarks Here is an opportunity to purchase and develop a large 0.63 Acre commercial parcel on US-31 at the gateway to beautiful downtown Traverse City

Exterior

Exterior Frame

Lot Size Area 0.63

Lot Dimensions 165x165

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Kevin Endres

Listing Agent

Three West, Llc

Broker

kendres@threewest.com

Affordability Calculator

$7,474

Per Month

Monthly Principal & Interest: $7,474
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

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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

Commerical listings in Traverse City, MI

Average List Price ^$683,222

Percent of Sale Price 43%

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
8/22/2025	$1,198,000	-3.23%	Price Down
3/31/2025	$1,238,000	-4.70%	Price Down
9/5/2023	$1,299,000		Listed Price

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1040 E Front Street, Traverse City, MI, 49686 is a Commercial Property for sale at $1,198,000 with 1,864 sqft and a lot size of 0.63. 1040 E Front Street was built in 1981. 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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1040 E Front Street

Commercial Property for sale in Traverse City, MI

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