Here is an opportunity to purchase and develop a large 0.63 Acre commercial parcel on US-31 at the gateway to beautiful downtown Traverse City, one of the country's most desirable Midwest locations. US-31 is the main East-West Corridor through the Grand Traverse Region, known for its beaches on crystal blue waters, wineries, breweries, restaurants and many outdoor activities. The property consists of three separate lots, two vacant and one with an existing office building remaining. The adjacent property is also available for sale for an additional 1.25 Acres of land that can be combined with this offering for a major development piece.
Property Details
Property Features
Listing Office:
Office Name: Three West, LLC
Office Phone: (231) 929-2955
Listing Agent: Kevin Endres
Exterior Features
Exterior Information:
Waterfront: None
Exterior: None
Virtual/3D Tour
3D Tour: 1040 E Front St
3D Tour
Lot Features
Lot Information:
Lot: Level
Lot Size: 0.63 Acres
Other
Directions Information:
Directions: South side of E Front St between Garfield Ave and Gilbert Ave.
Price Information
Listing Price Info
Price Summary:
List Price: $1,299,000
Tax Information:
Annual Amount: $9,694
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Traverse City, MI.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Eastern Elementary School
1600 Eastern Ave
Distance between this listing and this school0.68 miles
Public District Grades PK-5
3
/10
Traverse Heights Elementary School
933 Rose St
Distance between this listing and this school0.98 miles
Public District Grades PK-5
7
/10
Central Grade Elementary School
301 7th St
Distance between this listing and this school1.49 miles
Public District Grades PK-5
Nearby Schools
9
/10
Tcaps Montessori School
1009 S Oak St
Distance between this listing and this school1.49 miles
Public District Grades PK-7
7
/10
Traverse City West Middle School
3950 Silver Lake Rd
Distance between this listing and this school3.13 miles
Public District Grades 6-8
6
/10
Traverse City East Middle School
1776 3 Mile Rd N
Distance between this listing and this school4.26 miles
Public District Grades 6-8
Nearby Schools
8
/10
Central High School
1150 Milliken Dr
Distance between this listing and this school0.47 miles
Public District Grades 9-12
2
/10
Traverse City High School
3962 3 Mile Rd N
Distance between this listing and this school2.37 miles
Public District Grades 9-12
6
/10
The Greenspire School
1026 Red Dr
Distance between this listing and this school2.57 miles
The neighbors living near this home have an average income of $39,795. The majority of Traverse City, MI residents have income less than $35k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1040 E Front St
What is the listing price of this property?
The listing price of 1040 E Front St property is $1,299,000.
What type of property is this?
The property 1040 E Front St is land located in Traverse City, Michigan, 49686.
Is this property for sale now?
Active Listing: 1040 E Front St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $9,694 (source: MLS/based on county public records data).
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This home is located at 1040 E Front St in Traverse City, MI and zip code 49686. This home sits on a 0.63 acre lot. It has been listed on Rocket Homes since September 05, 2023 and is currently priced at $1,299,000.
In October 2024 more than 19 listings in Traverse City, MI were sold above the asking price. During the same period more than 23 listings were sold at asking price, while more than 41 were sold below. Between September 2024 and October 2024, Traverse City, MI real estate market has seen increase in the number of listings by 5.3%. While the average time on the market in October 2024 was 73 days, the median list price was $446,781.
From Rocket Homes Real Estate and based on county public records data.
Minor League Baseball Games
Minor League Baseball Games
Figure Skating
Soccer
New York & Company
Chico's
Forever 21
Chick-fil-A
Bob Evans
Dominos Pizza
Kia
Oldsmobile
Mazda
Talk/Personality
News
Rhythmic Contemporary Hits