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Ken Weaver

231-668-6303
  • MLS® #: 1850151
  • 520 Wellington Street

  • Traverse City, Michigan 49686
  • $1,400,000
  • 13485 SQ. Feet, 1.23 Acres
  • Commercial

A rare opportunity to own over 1.2 acres of development property in the city limits with 246' of frontage on the Boardman River. Now is the time to be part of the Eighth Street revitalization. There are 2 nice warehouse buildings on the property that could be used until the land is developed. 520 Wellington was built in 2013, is 7,140 SF with a 16 ft overhead door, and includes office space. 530 Wellington was built in 1971, is 6,345 SF with 2 overhead doors, and is unheated. Zoned D-2, development district that allows for a wide variety of uses including residential, condos, apartments, office, retail, restaurant, manufacturing, parking structures, theaters and more. 2 tax parcels included in the sale.

Essential Information

  • MLS® #1850151
  • Price$1,400,000
  • Bathrooms0.00
  • Square Footage13,485
  • Acres1.23
  • Year Built2013
  • TypeCommercial
  • StatusActive U/C Taking Backups

Sub-Type

Mixed Use, Commercial Sale, Private Water Frontage

Community Information

  • Address520 Wellington Street
  • SubdivisionN/A
  • CityTraverse City
  • TownshipTraverse City
  • CountyGrand Traverse
  • StateMichigan
  • Zip Code49686

Amenities

  • ParkingPaved, Parking Lot

Utilities

WATER: Municipal Water SEWER: Municipal

Features

Overhead Door(s), Additional Buildings, 18ft Ceiling Height

Waterfront

  • Is WaterfrontYes
  • Body of WaterBoardman River
  • Frontage TypePrivate
  • Footage246

Interior

  • BasementPoured Concrete, Slab

Heating

Natural Gas, Space Heater, Forced Air, Central Air, None

Exterior

  • Exterior FeaturesBlock, Steel
  • Lot DescriptionIrregular
  • RoofMetal
  • ConstructionFrame, Steel

Additional Information

  • Days on Market428
  • Ownership TypePrivate Owner
  • OfficeColdwell Banker Schmidt-522
  • Office Address522 E Front St

Zoning

Automotive Service, Residential, Multi-Family, Industrial, Office, Retail, Commercial, Manufacture/Warehouse, Restaurant/Food, Motel/Hotel

Property Location

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The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright © Northern Great Lakes REALTORS® MLS. All Rights Reserved.