MLS Public Remarks Prepare yourself to fall in love with this stunning property boasting fantastic West Bay views and a downtown location that can't be beat! Even better, this property is zoned C-4, allowing for the most liberal of commercial zoning rules, making for one of the most unique investment opportunities in downtown Traverse City. The street level has most recently been utilized as a music school, though zoning regulations and the location allow for a multitude of use options, including restaurants, medical/legal offices, retail shops, AirBNB, and so much more. This historic 2-story Victorian home could also easily be converted back into a residential unit- the second floor is currently a 3 bed/2 bath AirBNB, projected to see immediate cash flow. The unfinished attic- space could also be finished to provide more rentable space for the existing AirBNB. Strolling downtown, you are greeted by a traditional covered porch spanning the full width of the home. Once inside, the lower level features original hardwood floors, a foyer entry, a large office, and several spacious rooms, many with solid oak pocket doors. There is also an expansive living room hosting a handsome corner fireplace. The upper/main level of the home offers numerous updates and features beautiful wood floors, and a spacious family room adjacent to the L-shaped kitchen and dining area. Beyond the main living areas is a designated laundry room, a full hallway bath, and 2 roomy guest bedrooms. Rounding out this level of the home is a spacious primary bedroom suite hosting a private bath with a standing shower. Just steps from the Bay and downtown TC, this property offers historic beauty and endless possibilities!
http://www.www.jjrealtors.com.com/1918883
Township Traverse City
Directions Sits on the corner of Franklin Street and Railroad Ave.
Fin Below Grd SqFt 0
Total Fin SqFt 2,704
Price/SqFt $472
Current Use Other
Unfinished SqFt 0
Above Grade Finished SqFt 0
CDOM 108
Sub Property Type Mixed Use
Year Built 1930
Days on Market 108
Land Assessment -
Improvements -
Net Taxes $10308
Acreage 0.11
Taxes $10308.0
Tax Year -
Summer Taxes $9195
Winter Taxes $1112
Lower Level Square Footage 0
Waterview N
Waterfront N
For Lease/Rent N
Est. Total Acres 0.11
Lot Dimensions Irregular
WaterFrontage
0
Heating Central Air, Hot Water, Natural Gas
Cooling Central Air, Hot Water, Natural Gas
Water Municipal Water
Zoning Commercial, Multi-Family, Office, Other, Residential, Restaurant/Food, Retail, Special Use
Heating Central Air, Hot Water, Natural Gas
Garage 0.0
Basement details Stone
Sewer Municipal
Features Other
Parking Desc Other
Exterior Features Vinyl
Terms/Misc. Cash, Commercial Loan, Conventional, Gross Lease
Possession Negotiable
Status Change Date 04/29/2024
Listing Date 01/26/2024
Internet/IDX Y
Co-Listing Agent Name Bj Brick
Licensee Interest None
Listing Office
Remax Bayshore - W Bay Shore Dr Tc
Office Address
12930 S West Bay Shore Dr
Listing Number
1918883
THE ACCURACY OF ALL INFORMATION, REGARDLESS OF SOURCE, IS NOT GUARANTEED OR WARRANTED. ALL INFORMATION SHOULD BE INDEPENDENTLY VERIFIED. Listings last updated: Saturday, May 18, 2024. Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available. The data relating to real estate for sale on this web site appears in part from the IDX programs of our Multiple Listing Service. Real Estate listings held by brokerage firms other than Real Estate One include the name and address of the listing broker where available.
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