418 E Eighth Street, Traverse City

$950,000

0 Beds
0 Baths
6,140 Sqft
.62 Acres
0 Garages

You can't beat this great development opportunity on Eighth Street with 80'+ of frontage on the Boardman River, 130’+ of frontage on Eighth Street, and located in the up and coming "NOBO" (North of Boardman) neighborhood. Just blocks from Front Street shopping and restaurants and adjacent to several upcoming developments such as Commongrounds, this 0.62-acre lot is zoned D-2 (Development District) allowing for a wide variety of uses including residential, condos, apartments, office, retail, restaurant, manufacturing, parking structures, theaters and more. There is a 6,140 SF building on the property that is currently leased to Twin Bay Glass. Business not included, but lease provides income until the land is redeveloped. Building has shop space with 2 overhead doors and office space. Be a part of the Eighth Street Revitalization today.

Essential Information
MLS® #1873713
Price$950,000
Bathrooms0.00
Square Footage6,140
Acres0.62
Year Built1939
TypeCommercial
StatusActive
Sub-Type

Mixed Use, Commercial Sale, Private Water Frontage

Community Information
Address418 E Eighth Street
SubdivisionN/A
CityTraverse City
CountyGrand Traverse
StateMichigan
Zip Code49686
Amenities
FeaturesOverhead Door(s)
ParkingParking Lot
Is WaterfrontYes
Utilities

WATER: Municipal Water SEWER: Municipal

Interior
BasementSlab
Heating

Natural Gas, Forced Air, Space Heater

Exterior
Exterior FeaturesBlock
Lot DescriptionIrregular
RoofMetal/Steel, Membrane
ConstructionBlock, Steel
Additional Information
Date ListedApril 20th, 2020
Days on Market42
Zoning

Residential, Multi-Family, Industrial, Office, Retail, Commercial, Restaurant/Food, Motel/Hotel, Manufacture/Warehouse

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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