125 S Cedar Street, Traverse City, MI 49684
125 S Cedar Street, Traverse City, MI 49684
125 S Cedar Street, Traverse City, MI 49684
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$1,250,000
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3 Beds
2 Baths
3,055 SqFt
New

125 S Cedar Street Traverse City, MI 49684

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Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,055 sqft

Price per Sqft $409

Subdivision Hannah Lay & Co 9Th Add

MLS Listing ID 80073474

Style 1 1/2 Story

Bedrooms 3

Full Baths 1

Half Baths 1

Abv Grd Liv Area 3,055

Year Built 1900

Lot Size 1.190 Acres

Acres 1.19

Lot Dimensions 108 x 234 x irreg

Property Sub-Type Single Family

Property Description

Rare 1.19-Acre Development Opportunity in Traverse City’s Slabtown Neighborhood A truly unique opportunity in one of Traverse City’s most walkable and sought-after neighborhoods. This parcel offers a combination of size, location, zoning and existing is exceptionally difficult to find in the city. The property includes an approximately 3,000-square-foot home, fully fenced with both street and alley access, plus a workshop with additional storage above and a separate 44' x 32' pole building featuring a 12' overhead door and a substantial concrete pad. R-2 zoning allows for up to four dwelling units, providing several potential development configurations, including two duplexes or a single-family home with a triplex, subject to city approvals and site requirements. With Kids Creek running along the northern property line, this property offers a private & quiet setting while remaining in the heart of downtown Traverse City. The existing home and outbuildings provide flexibility for a variety of other development strategies. Buyers should independently verify zoning, permitted uses, setbacks, floodplain status, and all development requirements with the City of Traverse City. The property is being sold in "As Is" condition. Signatory Seller, acting as Personal Representative of The Estate of Nancy Lynne Kellum, has no historical knowledge of the condition of the property.

Location

State MI

County Grand Traverse

Area Traverse City (28021)

Zoning Residential

Rooms

Basement Block, MI Basement, Stone

Interior

Interior Features Cathedral/Vaulted Ceiling, Walk-In Closet

Heating Forced Air

Cooling Central A/C

Fireplaces Type Gas Fireplace, Wood Stove

Exterior

Parking Features Attached Garage, Carport, Detached Garage, Gar Door Opener

Garage Spaces 3.0

Garage Yes

Building

Story 1 1/2 Story

Foundation Michigan Basement

Water Public Water

Structure Type Vinyl Siding

Schools

School District Traverse City Area Public Schools

Others

Energy Description Natural Gas

Financing Cash,Conventional


MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by REO-TCRandolph-233022

Nearby Locations

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Mid-Mitten Realty

Mid-Mitten Realty

Broker

+1(989) 401-0027

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125 S Cedar Street