309 W Front Street, Traverse City

$2,990,000

0 Beds
0 Baths
0 Sqft
1 Acres
0 Garages

309 W. Front Street is an incredibly unique piece of property located at a major junction of downtown Traverse City. To the east is the central business district. To the west, the West End business district and its Gourmet Alley. A stone’s throw over the river to the south is the historic Sixth Street residential neighborhood, and to the North, the trendy Warehouse District. Just beyond that, the Open Space, community beach volleyball courts and the iconic West Grand Traverse Bay - all within a short stroll. A new project was just announced on the neighboring parcel to the east, for a four story, 73,000 SF operational center for 4Front Credit Union. Between this 4Front building and the Boardman River, 309 W Front sits on 1.0 acres on the south side of Front Street. Customize your downtown TC project to this transformative piece of property, and take advantage of some sizable tax incentives as well. A project on this property has at least $1 million in available Brownfield/TIF and approximately $2.8 million in Michigan Business Tax (MBT) Credit. Contact your agent for additional details including building plans to fit the property, potential project financials, in-depth planning information, and more. Build to suit opportunities also available.

Essential Information
MLS® #1863355
Price$2,990,000
Acres1.00
TypeVacant Lot/Land
StatusActive
Sub-Type

Vacant Lot/Land, Private Water Frontage

Community Information
Address309 W Front Street
SubdivisionPine Street Development One
CityTraverse City
CountyGrand Traverse
StateMichigan
Zip Code49684
Amenities
UtilitiesWATER: None SEWER: None
Is WaterfrontYes
Waterfront

Priv Frontage (Wtr Side), Water View, River

Exterior
Exterior Features

Will Build to Suit, Development Property, Subject to Easements

Lot Description

286x209x135x260, Level, Cleared

School Information
District

Traverse City Area Public Schools

Additional Information
Date ListedJune 25th, 2019
Days on Market140
Zoning

Commercial, Bldg & Use Restrictions

Listing Details
OfficeHomewaters, LLC
Office Address697 Hannah Ave, Suite B
Property History
Status Changed from Extend to Active
Status Changed from Active to Extend
Status Changed from New to Active

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The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright © Northern Great Lakes REALTORS® MLS. All Rights Reserved.

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