217 E Front Street

Estimated Monthly Payment: $6,316/mo 217 E Front Street, Traverse City, MI 49686 MLS# 1870902 Retail/Commercial Listing Status: Active
2,560 sqft
6
0
0
0

REMARKS:

This is your opportunity to own a piece of history, the iconic Martinek's building, built in 1922, along with its clock, can be yours!! Main Floor was completely gutted and re-done in 2013, with original polished Tarrazzo Marble floors throughout. Current retail space is leased to Frost Shoes, and they want to be a long term tenant. The upstairs condo space has been taken down to the original beams and brick to create the perfect downtown living space. Zoned commercial so nightly rental opportunities are an option!! Gorgeous views of Boardman River and West Bay grace the large windows facing directly north. A private entrance leads to the second floor, with natural light pouring in from the north and south bay windows. The possibilities are endless with this space, a stunning kitchen with expansive center island could be a possibility, ceilings are high enough for a potential loft-space. Plumbing is installed for kitchen and bathroom. The current tenant, Frost Shoes, would love to stay on the main floor, currently renting the space for $2,900 per month, triple net. Plenty of parking in the back, two wide, three deep.

OVERVIEW:

Retail/Commercial
Active
Traverse City
Brick
Full
1922
2560
Membrane
Forced Air, Central Air
Natural Gas
Municipal Water
Municipal
0.04
22 X 89
12ft Ceiling Height

FEATURES:

Brick

FINANCIAL:

$1,385,000

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of Coldwell Banker Schmidt-402 - 231-922-2350

 

 

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