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217 E Front Street Traverse City, MI 49686
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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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Bought with Coldwell Banker Schmidt-522