607 W Front Street, Traverse City, MI 49684
607 W Front Street, Traverse City, MI 49684
607 W Front Street, Traverse City, MI 49684
607 W Front Street, Traverse City, MI 49684
607 W Front Street, Traverse City, MI 49684
607 W Front Street, Traverse City, MI 49684
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Shannon Bagdonas

Shannon Bagdonas

+1(313) 766-8387
$ 1,700,000
Est. payment | /mo

4 Beds

4 Baths

2,245 SqFt

Save
$ 1,700,000
Est. payment | /mo
Save

4 Beds

4 Baths

2,245 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,245 sqft

Price per Sqft $757

Subdivision Mi

MLS Listing ID 50208734

Style 2 Story

Bedrooms 4

Full Baths 4

Year Built 1895

Annual Tax Amount $19,271

Lot Size 8300.000 Acres

Acres 8300.0

Lot Dimensions 50 x 166

Property Sub-Type Multi-Family

Property Description

Mid-Michigan Investors: Take a look at this irreplaceable, blue-chip asset located in the vibrant epicenter of downtown Traverse City. Situated at 607 West Front St, this fully remodeled 4-plex sits in a prime C-2 Commercial Zone, which provides excellent relief from the tight short-term rental caps that limit typical residential properties in town. The historic 1895 Victorian was extensively renovated top-to-bottom in 2021 with full city approvals. Every space has been thoughtfully styled and furnished to maximize layout functionality. The building breakdown includes: -Unit 1: 1 Bed / 1 Bath -Unit 2: 2 Bed / 1 Bath -Unit 3: Upper 1 Bed / 1 Bath -Unit 4: 1 Bed / 1 Bath X-FACTOR LAYOUT: Two units feature built-in Murphy beds, and all units include full-size, pull-out sofas. You can open up the internal connecting doors to transform the entire building into one massive rental configured to sleep up to 24 people across 12 beds. It is an ideal setup for large vacation groups. COMMERCIAL POTENTIAL: The flexible C-2 zoning allows for a wide array of potential uses, including premium offices, boutique retail, or corporate housing. Under local zoning, there is potential for vertical expansion up to 45 feet, offering a strong opportunity to unlock upper-story bay views due to the property's elevated site layout. Buyers to verify all specific development plans with local planning departments.

Location

State MI

County Grand Traverse

Area Traverse City (28021)

Zoning Commercial,Residential

Rooms

Basement Partial

Dining Room Eat-In Kitchen

Kitchen Eat-In Kitchen

Interior

Heating Boiler

Cooling Ceiling Fan(s), Wall/Window A/C

Fireplace No

Appliance Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer

Exterior

Exterior Feature Vinyl Siding

Amenities Available Sidewalks, Street Lights, Private Entry

Building

Story 2 Story

Foundation Slab

Water Public Water

Structure Type Vinyl Siding

Schools

School District Traverse City Area Public Schools

Others

Ownership LLC

SqFt Source Appraisal

Energy Description Natural Gas

Financing Cash,Conventional

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Century 21 Signature Realty

Schools and Properties Nearby

Learn More About LPT Realty

Shannon Bagdonas
Shannon Bagdonas

Team Lead / Broker Partner

+1(313) 766-8387

movinginmichigan.net

6838 Park Ave, Allen Park, MI, 48101-2036, USA

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607 W Front Street