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Chris Ameel

231-668-6303
  • MLS® #: 1868340
  • 309 W Front Street

  • Traverse City, Michigan 49684
  • $2,990,000
  • 1.00 Acre
  • Commercial

309 W. Front Street is an incredibly unique piece of property located at a major junction of downtown Traverse City. To the east is the central business district. To the west, the West End business district and its Gourmet Alley. A stone's throw over the river to the south is the historic Sixth Street residential neighborhood, and to the north, the trendy Warehouse District. Just beyond that, the Open Space, community beach volleyball courts, and the iconic West Grand Traverse Bay - all within a short stroll. A new project was just announced on the neighboring parcel to the east: a four-story 73,000 ft2 operational center for 4Front Credit Union. Between this 4Front building and the Boardman River, 309 W. Front sits on 1 acre on the south side of Front Street. Customize your downtown TC project to this transformative piece of property, and take advantage of some sizable tax incentives as well. A project on this property has at least $1 million in available Brownfield/TIF and approximately $2.8 million in Michigan Business tax (MBT) Credit. Contact your agent for additional details, including building plans to fit the property, potential project financials, in-depth planning information, and more. Build to suit opportunities also available.

Essential Information

  • MLS® #1868340
  • Price$2,990,000
  • Bathrooms0.00
  • Acres1.00
  • Year Built2020
  • TypeCommercial
  • StatusActive U/C Taking Backups

Sub-Type

Mixed Use, Commercial Sale, Private Water Frontage

Community Information

  • Address309 W Front Street
  • SubdivisionPine Street Development One
  • CityTraverse City
  • TownshipTraverse City
  • CountyGrand Traverse
  • StateMichigan
  • Zip Code49684

Amenities

  • UtilitiesWATER: None SEWER: None
  • FeaturesNone
  • ParkingNone

Waterfront

  • Is WaterfrontYes
  • Body of WaterBoardman River
  • Frontage TypePrivate
  • Footage260

Interior

  • HeatingNone, None
  • BasementNone

Exterior

  • Exterior FeaturesNone
  • Lot Description286x209x135x260
  • RoofNone
  • ConstructionTo Be Built

Additional Information

  • Days on Market174
  • ZoningCommercial
  • Ownership TypePrivate Owner
  • OfficeHomewaters, LLC
  • Office Address697 Hannah Ave, Suite B

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.