115 Franklin

Traverse City,MI 49686

$ 1275000

- Bed

0 Bath

2704 SqFt


Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,704 sqft

Price per Sqft $471

Subdivision Traverse City

MLS Listing ID 80014253

Year Built 1930

Lot Size 4,791 Sqft

Property Description

Prepare yourself to fall in love with this stunning property boasting fantastic West Bay views and a downtown location that can�??t be beat! Even better, this property is zoned C-4, allowing for the most liberal of commercial zoning rules, making for one of the most unique investment opportunities in downtown Traverse City. The street level has most recently been utilized as a music school, though zoning regulations and the location allow for a multitude of use options, including restaurants, medical/legal offices, retail shops, AirBNB, and so much more. This historic 2-story Victorian home could also easily be converted back into a residential unit- the second floor is currently a 3 bed/2 bath AirBNB, projected to see immediate cash flow. The unfinished attic- space could also be fin

Location

State MI

County Grand Traverse County

Zoning Multi-Family,Professional

Interior

Heating Hot Water

Cooling Central Air

Exterior

View Y/N No

Building

Sewer Public

Structure Type Vinyl Siding

View More
Favorite Go Tour