21 days on rocket

1054-1060 E Front St, Traverse City, MI, 49686

$2,850,000

1.24 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #78001334740
Lot Size1.24 Acres
StatusActive

About 1054-1060 E Front St

In Commercial Real Estate, it's all about location, location, location. There are only a few true marquee corners in a real estate market, and this is one of them. This 1.2 Acre property is located at the SW corner of E Front Street (US-31) and Garfield Road intersection. These two roads are both main feeder's that converge and funnel approx. 50,000 cars per day into Traverse City from the East and the South. Zoned C-3 Community Center District, this property has a multitude of allowable uses with a max building height of 45' and an 80% Impervious Surface maximum. Just a few minute walk or quick bike ride to West Grand Traverse Bay or Downtown Traverse City.

Property Details

Property Features

Listing Office:

  • Office Name: Three West, LLC
  • Office Phone: (231) 929-2955
  • Listing Agent: Kevin L Endres

Lot Features

Lot Information:

  • Lot Size: 1.24 Acres

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,850,000
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Housing Market Comparison

See how this home compares to others in Traverse City, MI.

Med. Sold Price

$450K

Med. Price/SqFt

$258

Avg. Days On Market

84

# of Sold Homes

87

1054-1060 E Front St vs Traverse City

21 DAYS ON ROCKET

-63 Days

$2,850,000

+$2.4M More

KEY TAKEAWAY

This property is $2.4M more than the Median Sold Price in Traverse City, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Aspire North REALTORS
  • MLS Number: #78001334740

Listing Office:

  • Office Name: Three West, LLC
  • Office Phone: (231) 929-2955
  • Listing Agent: Kevin L Endres

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 2:21:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$14.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,611

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NMLS#3030

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.

Nearby Schools

school-card-donut-4551671
7
/10
  • Central Grade Elementary School

  • 301 7th St

  • 0.68 miles

  • Public District Grades PK-5

school-card-donut-4551672
3
/10
  • Traverse Heights Elementary School

  • 933 Rose St

  • 1.17 miles

  • Public District Grades PK-5

school-card-donut-4551673
4
/10
  • Eastern Elementary School

  • 1600 Eastern Ave

  • 1.47 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,652. Most Traverse City, MI residents have annual incomes less than $35k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1054-1060 E Front St

What is the listing price of this property?

The listing price of 1054-1060 E Front St property is $2,850,000.

What type of property is this?

The property 1054-1060 E Front St is land located in Traverse City, Michigan, 49686.

Is this property for sale now?

Active Listing: 1054-1060 E Front St is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 1054-1060 E Front St is 1.24 acres.
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Rocket HomesMichiganGrand Traverse CountyTraverse City496861054-1060 E Front St

This home is located at 1054-1060 E Front St in Traverse City, MI and zip code 49686. This home sits on a 1.24 acre lot. It has been listed on Rocket Homes since November 26, 2024 and is currently priced at $2,850,000.

Traverse City, MI housing market in November 2024 saw over 8 listings sold above listed price, more than 20 sold at listed price and over 54 sold below. The inventory of homes for sale in Traverse City, MI between October 2024 and November 2024 decreased by 8.3%. In November 2024, listings were on the market for 84 days. During the same period, the median list price in this real estate market was $450,000.

From Rocket Homes Real Estate and based on county public records data.

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