121 E Front Street Traverse City, MI ^$ 3,975,000

121 E Front Street

^$ 3,975,000

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121 E Front Street

Traverse City, MI, 49684

^$ 3,975,000

Studio Baths0.0 Sq 23,983

Monthly Estimate*

^$ 26,419

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Studio

Commercial Property for sale in Traverse City, MI

for $3,975,000. This 23,983 square foot building was built in 1930 on a lot size of 0.21.

121 E Front Street, commonly known as the Front Row Centre building, is located in the heart of beautiful downtown Traverse City, MI. Front Row Centre is one of downtown's largest buildings with views of Front Street, the Boardman River and West Grand Traverse Bay. Historically the building was a movie theater and then remodeled into the current mixed use retail and office building. The building consists of 4 floors and a basement, a beautiful atrium with multi-story windows overlooking the water. The building currently produces a gross income of approx. $229,000 but the opportunities and potential for this large piece of Traverse City are endless.

Commercial Active

Price

^$ 3,975,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Commercial/Industrial

Lot Size

0.21

Year Built

1930

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

80013809

Features

General

Heating Forced Air

Cooling Central A/C

Possession At Close

Water Public Water

Status Active Active

Year Built 1930

Subdivision Front Row Center

County Grand Traverse

Class COM/IND/BUS OPP

Type Commercial/Industrial

Business Name none

Percent Ownership Private

Municipality Traverse City

Section 3

Zoning Commercial

Commercial Features ADA Accessible Elevator(s)

Area Traverse City (28021)

Directions Located on the north side of E Front St between Union and Cass Streets.

City Traverse City

Street Name Front

Financial Terms Cash Commercial Loan Conventional

Legal Description THT PRT OF BLK 25 ORIG PLAT DES AS COM 28 FT M/L W OF SW COR OF LOT 14 H L & CO'S 2ND SUB; TH W 62.13 FT TO C/L OF H L CO'S MERC BLDG TH N 132 FT TH W 1FT TH N 17 FT TH E 64.02 FT TH S 12 FT TH W 1.09

DOM 141

Price Per Sq Ft Total 165.74

Coming Soon 121 E Front Street commonly known as the Front Row Centre building is located in the heart of beautiful downtown Traverse City

Exterior

Exterior Block

Lot Size Area 0.21

Lot Dimensions 62x149

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Kevin Endres

Listing Agent

Three West, Llc

Broker

kendres@threewest.com

Affordability Calculator

$26,419

Per Month

Monthly Principal & Interest: $26,419
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% 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 ^$593,417

Percent of Sale Price 85%

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
4/8/2024	$3,975,000	-7.34%	Price Down
1/2/2024	$4,290,000		Listed Price

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121 E Front Street, Traverse City, MI, 49684 is a Commercial Property for sale at $3,975,000 with 23,983 sqft and a lot size of 0.21. 121 E Front Street is a studio with 0.0 baths and was built in 1930. The property's zip code is 49684 which is in Traverse City, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% 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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121 E Front Street

Commercial Property for sale in Traverse City, MI

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