Waterfront - New Construction
Address
309 W Front Street Traverse City, MI
Price
$ 2,990,000
Property Attributes
  • MLS#1863355
  • TypeLot-Land
  • CountyGRAND TRAVERSE
  • CityTraverse City
  • AreaGrand Traverse
  • NeighborhoodTraverse City
  • Zip49684
  • StyleVacant Lot/Land
  • Price$ 2,990,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1 Acres
Listing Provided Courtesy Of:
Homewaters, LLC
Property Description

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, for a four story, 73,000 SF operational center for 4Front Credit Union. Between this 4Front building and the Boardman River, 309 W Front sits on 1.0 acres 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.

Price History
9/1/2020 Listed $2,990,000

General Features

School District Traverse City Area Public Schools
Zoning Bldg & Use Restrictions, Commercial

Exterior Features

Latitude 44.7637201766046
Longitude -85.6270900158692
Body of Water Boardman River
Water Features Priv Frontage (Wtr Side), River, Water View
Waterfront 260

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 49684

Price
AVG $250K
$2.99M
Visits
AVG 19
3

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