Traverse City, MI 49686,217 E Front Street
$1,060,000
$1,249,000
15.1%
Est.Price: ?

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2,560 SqFt

217 E Front Street Traverse City, MI 49686

Est. payment /mo
SOLD DATE : 08/24/2021

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Key Details

Sold Price $1,060,000

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Sold

Purchase Type For Sale

Square Footage 2,560 sqft

Price per Sqft $414

Subdivision Mi

MLS Listing ID 1327495

Sold Date 08/24/21

Year Built 1922

Lot Size 1,742 Sqft

Acres 0.04

Lot Dimensions 22 X 89

Property Description

This is your opportunity to own a piece of history, the iconic Martinek's building, built in 1922, along with its clock, can be yours!! Main Floor was completely gutted and re-done in 2013, with original polished Tarrazzo Marble floors throughout. Current retail space is leased to Robert Frost, and they have a long term lease with Seller. The upstairs condo space has been taken down to the original beams and brick to create the perfect downtown living space. Zoned commercial so nightly rental opportunities are an option!! Gorgeous views of Boardman River and West Bay grace the large windows facing directly north. A private entrance leads to the second floor, with natural light pouring in from the north and south bay windows. The possibilities are endless with this space, a stunning kitchen with expansive center island could be a possibility, ceilings are high enough for a potential loft-space. Plumbing is installed for kitchen and bathroom. The current tenant, Robert Frost, would love to stay on the main floor. Plenty of parking in the back, two wide, three deep. Sale includes $15k worth of condo drawings, including electrical, fire suppression, plumbing, & structural code review.

Location

State MI

County Grand Traverse

Area Traverse City (28021)

Zoning Commercial

Interior

Heating Forced Air

Cooling Central A/C

Exterior

Garage 6-10 Spaces

Building

Foundation Basement

Water Public Water

Structure Type Brick

Others

Ownership Private

Energy Description Natural Gas

Acceptable Financing Conventional

Listing Terms Conventional

Financing Cash,Conventional

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MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by Coldwell Banker Schmidt-402
Bought with Coldwell Banker Schmidt-522

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Scott Clay

Broker/Owner | License ID: 6502432343

+1(989) 332-1712

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