124 & 290 W Front Street $3,900,000

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    124 & 290 W Front Street Traverse City, MI 49684

    • 1.25 Acres
    • Vacant Lot/Land
    MLS# 1847601 | Active

    $3,900,000

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    Days On Market: 235 12 Views
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    Property Details

    Rare mixed-use development parcel located on Front Street in downtown Traverse City, Michigan offers an outstanding development opportunity in the heart of a region known for it's booming tourism, year-round recreation, great food and wine and crystal clear turquoise waters. This parcel boasts approximately 450' of private Boardman River frontage and is within safe walking distance to the West Arm of Grand Traverse Bay, the popular Warehouse District and all that downtown Traverse City has to offer. This is a completely blank slate and you must see it to appreciate it's potential. All environmental and Brownfield studies have been completed. Previous residential/commercial development plans have been approved by the City (see virtual tour for marketing video for proposed development, River Place).

    • General Features
      • Manufactured Allowed No
      • Mineral Rights Yes, To Pass With Title
      • Private Shared Private
      • Township Traverse City
      • Town T 27N
      • Type of Ownership Private Owner
      • Type Vacant Lot/Land
    • Building Features
      • Commercial Y N Yes
    • Property Features
      • Environmental Features None
      • Land Features Level, Rolling, Hardwoods, Cleared
      • Lot Dimensions 453x112
      • Exterior Features Subject to Easements, Bay View, Development Property
      • Development Amenities None
      • % Open 100
      • Utilities Available Electric, Underground Electric, Natural Gas, Telephone
      • Road Public Maintained, Blacktop
      • Water Installed None
      • Water Features Priv Frontage (Wtr Side), River, Bluff (less than 10ft), Vegetation to Water Edge
      • Water Available Municipal Water
      • Number of Acres 1.25
      • Waste Available Municipal
      • Waste Installed None
      • Water Front Footage 425
      • Body of Water Boardman River
    • Schools
      • School District Traverse City Area Public School

    Contact

    Don Fedrigon

    Broker/Owner

    RE/MAX of Elk Rapids

    Cell: 231-218-8400

    Neighborhood

    49684 (Traverse City) Demographics

    42Median Age
    393Population Density (per sq. mile)
    45%College Educated
    $53,143Estimated Median Income
    11,866Estimated Total Home Owners
    4,086Estimated Total Renters
    74% / 26%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    39,614Total Population

    Market Last 30 Days

    $263,000 Median Sales Price
    23 Homes Sold
    36 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $3,900,000
        6/1/2018 7:16:00 PM New in Database Source

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        The data relating to real estate for sale on this web site comes in part from the Internet Data exchange ("IDX") program of Northern Great Lakes REALTORS MLS. All information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.