607 W Front Street, Traverse City, MI 49684
- $1,600,000
- 4
- BD
- 4
- BA
- 2,245
- SqFt
- List Price
- $1,600,000
- Status
- ACTIVE
- MLS#
- 50208734
- Days on Market
- 129
- Style
- Victorian
- Year Built
- 1895
- Price Change
- ▼ $100,000 1790632302
- Bedrooms
- 4
- Bathrooms
- 4
- Acres
- 0.19
- Living Area
- 2,245
- Municipality
- Traverse City
- Region
- Traverse City
- Township
- Traverse City
- Subdivision
- Hannah Lay & Co's
Property Description
Mid-Michigan Investors: Take a look at this irreplaceable, blue-chip asset located in the vibrant epicenter of downtown Traverse City. Situated at 607 West Front St, this fully remodeled 4-plex sits in a prime C-2 Commercial Zone, which provides excellent relief from the tight short-term rental caps that limit typical residential properties in town. The historic 1895 Victorian was extensively renovated top-to-bottom in 2021 with full city approvals. Every space has been thoughtfully styled and furnished to maximize layout functionality. The building breakdown includes: -Unit 1: 1 Bed / 1 Bath -Unit 2: 2 Bed / 1 Bath -Unit 3: Upper 1 Bed / 1 Bath -Unit 4: 1 Bed / 1 Bath X-FACTOR LAYOUT: Two units feature built-in Murphy beds, and all units include full-size, pull-out sofas. You can open up the internal connecting doors to transform the entire building into one massive rental configured to sleep up to 24 people across 12 beds. It is an ideal setup for large vacation groups. COMMERCIAL POTENTIAL: The flexible C-2 zoning allows for a wide array of potential uses, including premium offices, boutique retail, or corporate housing. Under local zoning, there is potential for vertical expansion up to 45 feet, offering a strong opportunity to unlock upper-story bay views due to the property's elevated site layout. Buyers to verify all specific development plans with local planning departments.
Additional Information
- Lot Dimensions
- 50 x 166
- Interior Features
- First Floor Bedroom
- Heating
- Boiler
- Cooling
- Ceiling Fan(s), Wall/Window Unit(s)
- Basement
- Yes
- Basement Description
- Partial
- Appliances
- Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
- Sewer
- Public Sanitary
- Foundation
- Slab
- Water
- Public
- School District
- Traverse City Area Public Schools
Mortgage Calculator
Listing Courtesy of Century 21 Signature Realty, Office Phone: 989-921-7000
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.