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
Baths
2,394
Sq. Ft.
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
