$ 1,275,000
115 Franklin Traverse City, MI 49686
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In-PersonVirtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,275,000
Est. payment /mo
Active Under Contract
115 Franklin Traverse City, MI 49686
2,704 SqFt
UPDATED:
11/15/2024 08:51 PM
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
Municipality Traverse City
Subdivision Traverse City
MLS Listing ID 80014253
Originating Board MiRealSource
Year Built 1930
Lot Size 4,791 Sqft
Acres 0.11
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
Listed by REMAX Bayshore - W Bay Shore Dr TC