Iconic, irreplaceable, triple "A" downtown Traverse City location with spectacular West Bay water views, 3 direct Boardman River boat slips (permitted, installed steel seawall), with immediate access to West Grand Traverse Bay, gated private parking, A+ class office build out with 3 levels totaling 6,786 sq. ft. of office space , elevator, immediate walking distance to all of Traverse city downtown restaurants, shopping and activities. This is a one in a generation real estate opportunity presenting the ability to convert to a unique residential in-town project, refresh an existing high end office space or reconfigured/expand as zoning and the imagination will allow! Zoned C-4a. This unique offering is realistically priced at appraised value and will sell timely. Complete your initial due diligence prior to presenting a well priced offer. Long term study periods will not be entertained. Ideal residential conversion into multiple units, number of units and monthly dues are estimates only at this time. Do not allow this amazing generational asset to pass you by.
Welcome to this charming 5-bedroom, 3-bathroom home nestled in downtown Traverse City. This versatile property boasts three units ideal for multi-family living or residential use. Recently updated and meticulously maintained, the home offers a prime location in the heart of Traverse City, providing easy access to all amenities and a stone's throw from the Boardman River. Unit 1 serves as the centerpiece, featuring two entryways and a patio, perfect for entertaining or relaxing.This unit includes a court yard where mulberry tree is abundant. Unit 2, though smaller, offers a cozy space suitable for a single person or couple. Unit 3 showcases two bedrooms and neighborhood views, complemented by brightly colored decor that creates an inviting atmosphere. Outside, the property features easily maintainable landscaping, enhancing the comforting ambiance of this downtown retreat. Don't miss this opportunity to own your slice of downtown Traverse City living.
Discover this prime duplex property, ideally located just minutes away from the vibrant downtown Traverse City. This well-positioned investment offers the perfect blend of convenience and potential. **Key Features** Two-Unit Duplex: Each unit features two bedrooms and one bathroom, providing ample space for comfortable living or renting. Needs TLC: While the property offers a solid foundation, it could benefit from some updates to flooring and other cosmetic enhancements. Prime Location: Enjoy easy access to shopping, dining, and entertainment options in downtown Traverse City. Outdoor Living: Take advantage of the nearby Grand Traverse Commons and Botanical Garden, perfect for biking, walking, or simply enjoying the natural beauty of the area. **Investment Potential** Rental Income: This duplex presents an excellent opportunity to generate rental income from both units. Location: The property's proximity to downtown Traverse City ensures a strong demand for tenants. Value Appreciation: As real estate values continue to rise in the Traverse City area, this duplex offers significant potential for appreciation. This duplex represents an exceptional investment opportunity. Don't miss out on the chance to own a piece of Traverse City's thriving real estate market.
Just blocks from downtown Traverse City sits your next opportunity! This three unit has been a rental for a number of years and is looking for it's new owner. With a little love and some polish, this gem will shine once again. This property may be able to be reconfigured to a single family home again, consult City for permitting. Located convienently near Meijer, Tom's Food Market, Munson Hospital, TC West Middle School and all of the eating establishments of Downtown Traverse City. Off Street parking from both Division and 13th Street.
The median home value in Traverse City, MI is $394,900. This is higher than the county median home value of $343,200. The national median home value is $338,100. The average price of homes sold in Traverse City, MI is $394,900. Approximately 52.94% of Traverse City homes are owned, compared to 34.24% rented, while 12.83% are vacant. Traverse City real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Traverse City real estate agent to arrange a tour today!
Traverse City, Michigan 49684 has a population of 15,263. Traverse City 49684 is more family-centric than the surrounding county with 27.42% of the households containing married families with children. The county average for households married with children is 26.67%.
The median household income in Traverse City, Michigan 49684 is $64,033. The median household income for the surrounding county is $69,393 compared to the national median of $69,021. The median age of people living in Traverse City 49684 is 40.4 years.
The average high temperature in July is 79.9 degrees, with an average low temperature in January of 15.6 degrees. The average rainfall is approximately 32.6 inches per year, with 117.6 inches of snow per year.