44.76427 -85.63279

542 W Front Street Traverse City, MI 49684

326020218 44.76427 -85.63279 2311 /listing/326020218-150063692/542-w-front-street-traverse-city-mi-49684 False 0 899000.0 2394 101 1 1906823 False
  • $899,000
  • 1 ba
  • 2,394 sqft
  • 0.10 lot
  • Est payment $4826.03/mo

Property & Neighborhood Info

Courtesy Of HSJ Investments

Commercial in Traverse City

Great opportunity to purchase a fabulous building at a great corner on West Front Street. This listing is for real estate only. Present location has the history of being a liquor store for approximately six decades -- and was the first in the area to offer lottery (locals remember when lines would form on big jackpot days). The listing includes the parcel at 542 West Front Street, which includes the existing building, as well as a separate designated 118 N Maple. The second lot can be used for excess parking or can be (with City consent) combined with the primary parcel in expanding the footprint of the existing building (or building a new structure). The current owner has had preliminary discussions with the City about demolishing the existing structure and replacing it with a mixed commercial/residential 4-story building. Property is zoned C-2. Seller is willing to entertain a land contract with 25%-30% down, for 3-5 years, at a below interest rate dependent on the overall offer. Seller is a licensed real estate agent in the State of Michigan.

Courtesy Of HSJ Investments
  1. 1 Baths
  2. 2,394 Sq. Ft.
  3. 0.10 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1955
  • County: Grand Traverse
  • Zoning: Retail,Commercial,Restaurant/F
  • MLS Number:1906823

Additional Features

  • Cooling/Heating:
    • Natural Gas
  • Extras:
    • None
  • Business Name:
    • Front Street Liquor
  • Construction:
    • Brick
    • Timber Frame
  • Location:
    • Corner Lot
    • Freestanding
  • Occupied:
    • Yes
  • Property Type:
    • Retail/Commercial
  • Roof:
    • Membrane
  • Basement:
    • Slab
  • Exterior:
    • Wood
  • Inventory Included:
    • No
  • Land:
    • No
  • Deeded Waterfront:
    • No
  • Parking:
    • Common
    • Parking Lot
  • Parking Spaces:
    • 7
  • Heating/Cooling:
    • Forced Air
  • Sewer:
    • Municipal
  • Access:
    • Public Maintained
  • Handicap Features:
    • None
  • Present Use:
    • Convenience Store
  • Water:
    • Municipal Water
  • Zoning:
    • Commercial
    • Restaurant/Food
    • Retail
  • Documents On File:
    • None
  • Lease Includes:
    • None
  • Legal Description:
    • PART OF LOTS 41-42 BLK 12 HANNAH LAY & CO'S 10TH ADD DES AS COM AT THE NW CORNER OF LOT 42 TH S 165 FT TH E 29.42 FT TH N 62.74 FT TH W 4.9 FT TH N 102.33 FT TH W 24.52 FT TO POB
  • License:
    • Beer/Wine
    • Food
    • Liquor
    • Tobacco
  • List Type (Exclusive):
    • Exclusive Right to Sell
  • Sale Includes Business:
    • No
  • Sale Includes Real Estate:
    • Yes
  • Terms:
    • 1031 Exchange
    • Cash
    • Commercial Loan
    • Conventional Mortgage
  • Sign:
    • Yes
  • Special Conditions:
    • Private Owner
  • Possession:
    • At Closing
  • Total Acres:
    • 0.1
Neighborhood info courtesy of Homes.com © 2023

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Debra J. Hall
Debra J. Hall
Your Real Estate Consultant for Life
521 Randolph Street Traverse City MI 49684
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44.76427 -85.63279

542 W Front Street Traverse City, MI 49684

326020218 44.76427 -85.63279 2311 /listing/326020218-150063692/542-w-front-street-traverse-city-mi-49684 False 0 899000.0 2394 101 1 1906823 False
  • $899,000
  • 1 ba
  • 2,394 sqft
  • 0.10 lot
  • Est payment $4826.03/mo