425 Boardman Avenue, Traverse City

$2,300,000

3 Beds
6 Baths
12,800 Sqft
.33 Acres
2 Garages

One of downtown Traverse City's most unique and chic mixed-use real estate opportunities! The Box, as it is aptly named (the building was once a cigar box factory) is located on the up-and-coming 8th Street corridor, which the city just completely revamped with $7M worth of improvements. Currently, the main floor of The Box is used as a luxury residence (which owners rent on short term basis for part of the year), with businesses leasing the lower level (a boutique wellness/fitness company) and the upper level (a work-sharing space for non-profits). There's also a fabulous studio condo above the two car garage, currently used as a short term rental. In between the main building and the detached garage is a beautifully landscaped courtyard with fire-pit and lounge seating. Opportunities abound here... easy to modify the space for new owners with different uses. Keep the main floor as your main residence and enjoy the income from leasing the upper/lower levels and studio condo.. convert the main floor to commercial space (would make a great event space that would likely demand top dollar for corporate events/weddings). Also listed under commercial multi-use, MLS #1869542

Essential Information
MLS® #1869553
Price$2,300,000
Bedrooms3
Bathrooms6.00
Full Baths1
Half Baths2
Square Footage12,800
Acres0.33
Year Built1920
TypeSingle Family
StatusActive
Sub-Type

2+ Story, In-Law Suite or Apartment, Contemporary

Community Information
Address425 Boardman Avenue
SubdivisionThe Box
CityTraverse City
CountyGrand Traverse
StateMichigan
Zip Code49684
Amenities
# of Garages2
WaterfrontNone, Water View
Utilities

WATER: Municipal SEWER: Municipal

Garages

Detached, Door Opener, Heated, Finished Rooms, Alley Entrance

Interior
Has BasementYes
FireplacesNone
Interior Features

Built-In Bookcase, Walk-In Closet(s), Island Kitchen, Mud Room, Great Room, Drywall, Granite Bath Tops, Granite Kitchen Tops, Solid Surface Counters, Den/Study, Exercise Room, Workshop, Beamed Ceilings, Foyer Entrance, Breakfast Nook, Other

Appliances

Refrigerator, Dishwasher, Microwave, Washer, Dryer, Blinds, Drapes, Ceiling Fan, Natural Gas Water Heater, Smoke Alarms(s), Wall Oven, Cook Top, Disposal

Heating

Central Air, Forced Air, Natural Gas, Zoned/Dual

Basement

Full, Plumbed for Bath, Poured Concrete, Block, Daylight Windows, Full Finished, Entrance Inside, Finished Rooms

Exterior
ExteriorBlock, Other
Lot Description66x165, Level, Corner Lot
RoofMembrane
ConstructionSteel, Block, Other
Exterior Features

Landscaped, Garden Area, Sprinkler System, Patio, Sidewalk, Fenced Yard

School Information
District

Traverse City Area Public Schools

Additional Information
Date ListedNovember 12th, 2019
Days on Market143
ZoningResidential, Commercial
Listing Details
OfficeColdwell Banker Schmidt-522
Office Address522 E Front St
Property History
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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