MI > Grand Traverse > Traverse City > 425 Boardman Avenue

For Sale Active

425 Boardman Avenue Map / directions

Traverse City, MI

49684 Market info

$2,300,000

Calculate Payment

  • MLS# 1869542
  • Photos
  • Map
  • Satellite
Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

800-871-9992

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

One of downtown Traverse City's most unique and chic mixed-use real estate opportunities! The Box, as it is aptly named (the building was once a cigar box factory) is located on the up-and-coming 8th Street corridor, which the city just completely revamped with $7M worth of improvements. Currently, the main floor of The Box is used as a luxury residence (which owners rent on short term basis for part of the year), with businesses leasing the lower level (a boutique wellness/fitness company) and the upper level (a work-sharing space for non-profits). There's also a fabulous studio condo above the two car garage, currently used as a short term rental. In between the main building and the detached garage is a beautifully landscaped courtyard with fire-pit and lounge seating. Opportunities abound here... easy to modify the space for new owners with different uses. Keep the main floor as your main residence and enjoy the income from leasing the upper/lower levels and studio condo.. convert the main floor to commercial space (would make a great event space that would likely demand top dollar for corporate events/weddings).

Property Information

Status
Active 
Address
425 Boardman Avenue 
City
Traverse City 
Zip
49684 
Year Built
1920 
Listing Date
11/12/2019 
County
Grand Traverse 
Possession
Negotiable,Othe 
Parking
Other,Parking Lot,Street Parking 
Price/SqFt
179.69 

Features

Current Use
Office Building,Other 
Features
Elevator 
Zoning
Commercial, Residential 
Water
Municipal Water 
Sub Property Type
Mixed Use 
Licenses
Other 
Exterior Features
Block 
Cooling
Central Air, Forced Air, Natural Gas, Zoned/Dual 
Heating
Central Air, Forced Air, Natural Gas, Zoned/Dual 

Mortgage Calculator

years
annual
annual

Get Pre-Approved

  • Market Statistics
  • Property History
  • Schools Information
  • Local Business
Market Statistics
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
1869553 Active Nov 12 2019 1:07PM $2,300,000 353
1869542 Active Nov 12 2019 10:37AM $2,300,000 353
School Information
Local Business

Learn More About This Listing

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

800-871-9992

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

Listing Broker

MITAAR Logo

Listing Courtesy of Coldwell Banker Schmidt-522
Office Address 522 E Front St

Real Estate One Family of Companies

425 Boardman Avenue Traverse City
Contact us
$2,300,000
For Sale • Acres: 0.33 • Zoning: Commercial,Residential